Regime Switching and Wages in Major League Baseball under the Reserve Clause
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More about this item
Keywords
Major League Baseball; Salary determination; Markov-Regime switching;All these keywords.
JEL classification:
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
NEP fields
This paper has been announced in the following NEP Reports:- NEP-HIS-2011-03-12 (Business, Economic and Financial History)
- NEP-LAB-2011-03-12 (Labour Economics)
- NEP-SPO-2011-03-12 (Sports and Economics)
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