The Complexity of Job Mobility among Young Men

Neal, Derek

doi:10.1086/209919

Cited by 310 publications

(222 citation statements)

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Mentioning

208

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“…It shows that players' team transfer is negatively and significantly correlated with players' annual salary ( Table 3), suggesting that signing of contracts with new teams in the current year leads to reduction in salary. There is no evidence to support H1 and contrasts with Neal's findings [11]. One possible explanation for this result is the most professional baseball players who change teams are non-free agent players 13 .…”

Section: Resultscontrasting

confidence: 56%

“…Taiwan players have lesser experience (lower seniority) and average younger at 29.86 years. Reasons maybe that Taiwan baseball players suffer from sports injuries 11 due to too-frequent dispatching, resulting in a shorter professional life. It has also led to the hiring of younger players, and thus explaining a lower average age among Taiwan players.…”

Section: Resultsmentioning

confidence: 99%

“…Transferring from one profession to another or from one firm to another leads to accumulation and diversity of experience, thus also affecting salary. Neal [11] points out that when changing jobs, if old and new jobs are in the same area, the resulting experience and seniority are beneficial to salary increase. If the new job is of a different profession, the originally accumulated human resource capital (seniority and experience) no longer counts, and thus leads to a drop in salary.…”

Section: Literature Reviewmentioning

confidence: 99%

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The Relationship between Player Characteristics, Team Characteristics and Athletes’ Remuneration: An Advanced Empirical Study of Asian and US Professional Baseball Leagues

Liu¹,

Zong²,

Wang³

et al. 2017

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This paper studies factors that determine salary among professional baseball players in the Asian (Japan, Korea and Taiwan) and US. Empirical results show that US baseball players are the highest paid and those in Taiwan receive the lowest salary, with a large difference of 75 times. Experience, age, education and other variables, as well as population of teams' home cities are influential. Whether or not a player transfers to other teams, their health conditions (measured as BMI) and other variables significantly affect salary, and there is no significant variance arising from different management environments in different countries. Although team age and player salary are correlated significantly in the three countries, the correlation is positive in the US and negative in Asian (Japan, Korea and Taiwan). However, their health conditions (measured as BMI), training, education and population of teams' home cities have insignificantly correlation with the total salary from multi-year contracts.

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Section: Resultscontrasting

confidence: 56%

Section: Resultsmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

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The Relationship between Player Characteristics, Team Characteristics and Athletes’ Remuneration: An Advanced Empirical Study of Asian and US Professional Baseball Leagues

Liu¹,

Zong²,

Wang³

et al. 2017

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“…This di¤ers from existing models of occupational choice, such as Neal (1999) and Pavan (2005), which assume, in line with the assumption 5 Our de…nition of task-speci…c human capital di¤ers from that by Gibbons and Waldman (2006). In their setup, task human capital is speci…c to the job within a …rm and might therefore not be transferable across jobs within the same …rm.…”

Section: Human Capital Match Qualitymentioning

confidence: 61%

“…While a large number of studies have estimated the contribution of …rm-speci…c human capital to individual wage growth (Abraham and Farber, 1987 Kletzer, 1989) 3 , recent evidence suggests that speci…c skills might be more tied to an occupation than to a particular …rm (Gibbons et al, 2006;Kambourov and Manovskii, 2007;Parent, 2000;Neal, 1999). We show in contrast that speci…c human capital is not fully lost if an individual leaves an occupation.…”

Section: Introductionmentioning

confidence: 58%

How General Is Human Capital? A Task‐Based Approach

Gathmann

Schönberg

2010

Journal of Labor Economics

501

401

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How General Is Human Capital? A Task-Based Approach * This paper studies how portable skill accumulated in the labor market are. Using rich data on tasks performed in occupations, we propose the concept of task-specific human capital to measure the transferability of skills empirically. Our results on occupational mobility and wages show that labor market skills are more portable than previously considered. We find that individuals move to occupations with similar task requirements and that the distance of moves declines with time in the labor market. We also show that task-specific human capital is an important source of individual wage growth, in particular for university graduates. For them, at least 40 percent of overall wage growth over a ten year period can be attributed to task-specific human capital. For the low-and medium-skilled, task-specific human capital accounts for at least 35 and 25 percent of overall wage growth respectively. JEL Classification:J24, J31

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Search and Learning in Markets

Kircher

2015

Emerging Trends in the Social and Behavioral Sciences

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Search is a process of learning and discovery. Consumers search for goods that fit their requirements and budgets, and workers search for jobs commensurate to their skills. Learning can vary by domain—whether a person learns about herself, about the other market participants, about the fit between both, or about the conditions in the larger economic environment; and it can span several domains at the same time. While the search process has traditionally been modeled as a black box where it simply takes time to locate the desired opportunity, recent work and future research will break up this process to be more explicit about the source of the problem. This has been missing partly because it is easier to model environments where everyone and everything is identical. Once it is acknowledged that people, firms and goods are different, that they learn over time about their type, and that the differences interact in important ways, new avenues for research open up. While much of existing work has focused on quantity (i.e., number of jobs found), future work is likely to focus more on the quality (i.e., how valuable is this job to society). This essay discusses which elements might shape the research in this area, and highlights the new lessons that are likely to emerge from this work.

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The Complexity of Job Mobility among Young Men

Cited by 310 publications

References 0 publications

The Relationship between Player Characteristics, Team Characteristics and Athletes’ Remuneration: An Advanced Empirical Study of Asian and US Professional Baseball Leagues

The Relationship between Player Characteristics, Team Characteristics and Athletes’ Remuneration: An Advanced Empirical Study of Asian and US Professional Baseball Leagues

How General Is Human Capital? A Task‐Based Approach

Search and Learning in Markets

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