Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/234624 
Erscheinungsjahr: 
2021
Schriftenreihe/Nr.: 
CREMA Working Paper No. 2021-09
Verlag: 
Center for Research in Economics, Management and the Arts (CREMA), Zürich
Zusammenfassung: 
Despite the potential importance of awards as a possible career catalyst, the theoretical and empirical research on awards is still in its infancy. Here, we address this notable shortcoming in the economic literature by exploring data from German youth football. Analyzing whether an early career award, the so-called Fritz Walter Medal, significantly affects the awardee's career trajectory in a highly competitive environment, where performance differences are often hardly perceivable, we find that receiving an early career award seems, per se, to be a robust positive signal for a player's future career success. Intriguingly, though, both the award characteristics, that is, whether it is bestowed in gold, silver, or bronze, and also the exact age at which the awardee receives the bestowal only add limited explanatory power.
Schlagwörter: 
Awards
career effects
football/soccer
incentives
personnel economics
signaling theory
JEL: 
A13
M52
J30
Z20
Dokumentart: 
Working Paper

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