The Hazard of Being an English Football League Manager: Empirical Estimates from the 2002/3 Season
Ray Bachan (),
Barry Reilly () and
Robert Witt ()
No 1605, School of Economics Discussion Papers from School of Economics, University of Surrey
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.
Keywords: econometrics; sports (search for similar items in EconPapers)
Pages: 20 pages
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Persistent link: https://EconPapers.repec.org/RePEc:sur:surrec:1605
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