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How important is luck in labor market outcomes? This paper uses a new dataset of all international test cricketers who debuted between 1950 and 1985 to address this question. We present evidence that a player’s debut performance is strongly affected by an exogenous source of variation: whether...
Persistent link: https://www.econbiz.de/10014203720
How important is luck in determining labor market outcomes? We address this question using a new dataset of all international test cricketers who debuted between 1950 and 1985. We present evidence that a player's debut performance is strongly affected by an exogenous source of variation: whether...
Persistent link: https://www.econbiz.de/10013130894