Precocity and Labor Market Outcomes: Evidence from Professional Basketball
Economics Bulletin, Vol. 31, Issue 3, pp. 2185-2190, 2011
6 Pages Posted: 22 Jun 2011 Last revised: 29 Jul 2011
Date Written: July 27, 2011
We show that precocity, as measured by the age of entry into the elite-level professional basketball labor pool, leads to better career outcomes. Our findings cast doubt on the on-court efficacy of the National Basketball Association’s contentious age eligibility rule.
Keywords: Labor Markets, Precocity, Basketball
JEL Classification: L83, J44, J21, J53
Suggested Citation: Suggested Citation