What Can International Cricket Teach Us About the Role of Luck in Labor Markets? /

How important is luck in determining labor market outcomes? We address this question using a new dataset of all international test cricketers who debuted between 1950 and 1985. We present evidence that a player's debut performance is strongly affected by an exogenous source of variation: whethe...

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Bibliographic Details
Main Author: Aiyar, Shekhar
Other Authors: Ramcharan, Rodney
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Working Papers; Working Paper ; No. 2010/225
Online Access:Full text available on IMF