文章基本信息

标题：Non-compete agreements, wages and efficiency: theory and evidence from Brazilian football
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作者：Bernardo Guimaraes ; João Paulo Pessoa ; Vladimir Ponczek 等
期刊名称：CEP Discussion Paper
出版年度：2022
卷号：2022
语种：English
出版社：Centre for Economic Performance
摘要：We propose a model to study non-compete agreements and evaluate their quantitative effects. We explore an exogenous policy change that removed non-compete clauses in the market for Brazilian footballers, the Pele Act of 1998. The Act raised players' lifetime income but changed the wage profile in a heterogeneous way, reducing young players' salaries. We structurally estimate the model's parameters by matching wages and turnover profiles in the post Act period. By changing a single parameter related to the non-compete friction, we can match the changes in the age-earnings profile. We then show that the bulk of income gains is due to distributional forces, with efficiency gains playing a minor role.
关键词：labor mobility;labor frictions;wage profile;labor turnover