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What should professional footballers be paid? An investigation of the pay-performance relationship and optimal salary structures in the English Premier LeagueChui, Robert 01 January 2018 (has links)
This paper analyses the pay-performance relationship in the English Premier League in order to isolate the determinants of success by regressing individual player salaries, and salaries relative to team-mates on the individual performance measures of goals and assists. A weighted OLS and fixed effects model is utilized alongside various control variables to conclude that the positive pay-performance relationship found at the team-level is not reflected at the individual level. The paper also determines that relative income position and various team-effects do not significantly impact individual performance.
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