Returns to education in professional football

René Böheim and Mario Lackner

Economics Letters, 2012, vol. 114, issue 3, 326-328

Abstract: After three years in college, football players face a trade-off between spending more time in college and pursuing a career in the National Football League (NFL). We analyze the salaries for rookies in the NFL and instrument the endogenous decision to enter the professional market with the month of birth (relative age effect). A player enjoys a 6 percent higher starting salary in the NFL for each additional year with the college team. The returns to education in professional sports are sizable and similar to returns to formal education.

Keywords: NFL; Returns to education; Ability bias; Labor markets in sports (search for similar items in EconPapers)
JEL-codes: J31 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (9)

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Working Paper: Returns to Education in Professional Football (2011)
Working Paper: Returns to Education in Professional Football (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:114:y:2012:i:3:p:326-328

DOI: 10.1016/j.econlet.2011.11.009

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