The effect of performance on a worker's career: Evidence from minor-league baseball
The authors analyze the promotion, demotion, and turnover of pitchers in baseball's minor leagues-a labor market for which exceptionally good data on performance are available-in the years 1975-88. They find that the time between a player's assignment to one league and promotion or demotion to another (or exit from professional baseball) declined as his performance deviated from the mean, in either a positive or negative direction. Also negatively associated with the time required to make a determination about a pitcher's ability was his age, which the authors use as a proxy for experience. Pitchers' ages did not, however, affect the highest league level in which they ultimately played. (Abstract courtesy JSTOR.)
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Volume (Year): 47 (1994)
Issue (Month): 4 (July)
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