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Team Effects on Compensation: An Application to Salary Determination in the National Hockey League

Todd Idson; Leo H. Kahane

Title:
Team Effects on Compensation: An Application to Salary Determination in the National Hockey League
Author(s):
Idson, Todd
Kahane, Leo H.
Date:
Type:
Working papers
Department:
Economics
Permanent URL:
Series:
Department of Economics Discussion Papers
Part Number:
743
Publisher:
Department of Economics, Columbia University
Publisher Location:
New York
Abstract:
Studies of salary determine largely model pay as a function of the attributes of the individual and the workplace (i.e. employer size, job characteristics, and so forth). This paper empirically investigates an additional factor that may influence individual pay, specifically coworker productivity. Data from the National Hockey League are used since both salary and teammate performance measures are readily available. We find that team attributes have both direct effects on an individual's pay and indirect effects by altering the rates at which individual player productive characteristics are valued
Subject(s):
Economics
Item views:
383
Metadata:
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