Brown Bag SEMinar+ March 16th, 2021 16:00 – 17:00 ZOOM
Семинар пройдет на платформе ZOOM
Conference ID: 823 9739 7944
16.00 – 17.00 // Research Paper Presentation
Title: Job Change and Productivity: The Effect of High Performance Expectations
Petr Parshakov, PhD, assistant professor, Deputy Head of IDLab (HSE Campus in Perm) - speaker
Elena Shakina, PhD, assistant professor, Head of IDLab, Deputy Dean for organization of research and development (HSE Campus in St Petersburg, SEM)
Dennis Coates, PhD, leading research fellow IDLab (HSE Campus in Perm)
Sofia Paklina, doctoral student, junior research fellow ID Lab (HSE Campus in St Petersburg, SEM)
Abstract: When changing their jobs, some people experience high-performance expectations and may feel psychological pressure. This phenomenon is widely studied in the literature. However, any empirical examination of this kind of market pressure is impeded due to the latent nature of the phenomenon. The major problem of all of the empirical tests, especially on traditional business cases, is the lack of individual longitudinal data on performance. Meanwhile, professional sports and football, in particular, delivers an explicit measure of performance expectations expressed by transfer fees. Expensive transfers of star players, like the €105 million transfer of Paul Pogba from Juventus to Manchester United, cause debates in media on whether the player is worth its price. Such discussion in media, between fans or even teammates, puts external pressure on the player being under the transfer process.
On the one hand, employees who face high-performance expectations might exert more effort into completing a task, and, therefore, demonstrate better performance. On the other hand, a well-known psychological pressure may negatively correct individual performance. In our study, we use football labor market data to test whether a psychological pressure due to high expectations affects players’ performance in case of transfers between clubs. Our main finding is that the effect of high-performance expectations is generally negative. Still, the magnitude of this effect is heterogeneous, depending on the personal characteristics of a particular player.
Petr Parshakov is Deputy Head at IDlab, HSE University (Perm Campus). His research interests include sports economics and intangibles. He is a co-author of papers in Journal of Intellectual Capital, Journal of Economic Studies, Applied Economics, Plos One and other internationally recognized peer-reviewed journals.
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