The Payoff to Leadership in Teams

Abstract

In a recent paper estimating the wage premium to leaders in the NHL, Duetscher (2009) has made what I feel are measurement and specification errors in the estimation of the wage premium to leaders in the NHL. Here I lay out my views as to the problems and possible remedies to the solution.

Keywords

measurement error specification error

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References

Deutscher, C. ( 2009). The payoff to leadership in teams. Journal of Sports Economics, 10, 429-438.

Halvorsen, R. , & Raymond, P. ( 1980). The interpretation of dummy variables in semilogarithmic equations. American Economic Review, 70, 474-475.

Jenkins, J. ( 1996). A re-examination of salary discrimination in professional basketball. Social Science Quarterly, 77, 594-608.