Are people prone to selecting occupations with highly skewed income distributions despite minuscule chances of success? Assembling a comprehensive pool of potential teenage entrants into professional tennis (a typical winner-take-all market), we construct objective measures of relative ability...

In this paper we investigate the pay-performance relationship of soccer players using individual data from eight seasons of the German soccer league Bundesliga. The results of our panel analysis show that not only the absolute income level, but also the relative income position affects players'...

Different models of protection against labor market risks are associated with diverging models of economic performance. Historically established institutional complementarities between labor market regulation, unemployment protection, and vocational training tend to mirror specific national...

We investigate wage differences between newly hired and incumbent employees. We show in a formal model that when employees care for wages as well as match-specific utility, incumbents earn less than new recruits if and only if firm-specific human capital is not too important. The existence and...

This study examines whether there is a relationship between physical attractiveness of professional female tennis players ranked in the top 100 of the tennis world ranking in 2011 and their sporting success in terms of earned prize money and winning probabilities. OLS-regressions reveal a...

Der positive Einfluss sportlicher (Wettkampf-)Aktivität auf den Arbeitsmarkterfolg beispielsweise in Form höherer Entlohnung wurde bereits mehrfach nachgewiesen. In diesem Beitrag wird mit Daten des Sozioökonomischen Panels (SOEP) analysiert, ob die sportliche (Wettkampf-)Aktivität zu einer...