The Economics of Persistence: Graduation Rates of Athletes as Labor Market Choice
分析美国大学运动员的毕业率,发现传统劳动力市场机会和职业体育机会都显著影响运动员的学业持续性,且职业机会的影响在预期收入更高的运动中更强。
In this paper we analyze data for each Division I National Collegiate Athletic Association (NCAA) school on academic characteristics, athletic characteristics, and graduation rates. Three groups of athletes are studied: male football players, male basketball players, andfemale basketball players. Wefind strong empirical evidence that traditional labor market opportunities unrelated to sports are significant explanatory variables of the persistence of athletes. In addition, we find support for the hypothesis that professional opportunities have a significant impact on the graduation rate of athletes. This impact is stronger in sports with higher expectedfinancial returns from this form of nondegree employment.