This paper uses data drawn from the English Football League to model hazard rates for club managers in the 2002/3 season. Nearly one-third of managers involuntarily exited employment status with their club in that season. We model the hazard on the basis of a spell at risk, rather than the individual, using a standard logistic model. The role of neglected heterogeneity is also examined using random and fixed effects logistic models within the discrete-time setting. League position at the start of the spell at risk is found to be the most important determinant of a manager’s exit. A variety of individual specific human capital covariates were found to be unimportant in determining the hazard and no role for unobservable heterogeneity as captured by random effects was detected.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.: