Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/104656
Authors: 
Hentschel, Sandra
Muehlheusser, Gerd
Sliwka, Dirk
Year of Publication: 
2014
Series/Report no.: 
IZA Discussion Papers 8560
Abstract: 
We study the impact of managers on the success of professional soccer teams using data from the German "Bundesliga". We evaluate the performance impact of individual managers by estimating regression models that include both team and manager fixed effects, where we are exploiting the high turnover of managers between teams to disentangle the managers' contributions. We find that teams employing a manager at the 75% ability percentile gain on average 0:25 points per game more than those employing a manager at the 25% ability percentile, which corresponds to a sizeable difference of 18% of the average number of points awarded per game. Moreover, estimated abilities have significant predictive power for future performance.
Subjects: 
managerial skills
human capital
empirical
fixed effects
professional sports
JEL: 
J24
J44
J63
Document Type: 
Working Paper

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