Reaching for Gold! The Impact of a Positive Reputation Shock on Career Choice

Goller, Daniel; Wolter, Stefan C. (November 2023). Reaching for Gold! The Impact of a Positive Reputation Shock on Career Choice (IZA Discussion Paper 16607). IZA – Institute of Labor Economics 10.2139/ssrn.4636863

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We analyze the causal influence a positive reputation shock for a particular occupation may have on career choice. The measure of the positive reputation shock is the unpredictable event that a young adult from one's own country wins a (gold) medal in a particular occupation at the World Skills - the world championship of vocational skills. In an occupation with a gold medal won, searches for apprenticeship vacancies increase significantly by around 7 percent compared to occupations that do not win a competition. In occupations where only a silver or bronze medal is awarded, the effect is also positive and statistically significant, but less pronounced. More importantly, the increase in searches for apprenticeship vacancies in the current year has also led to around 2.5 percent more contracts being signed in the winning occupation, and there are indications that these apprenticeships have a better match between employers and employees (trainees).

Item Type:

Working Paper

Division/Institute:

03 Faculty of Business, Economics and Social Sciences > Department of Economics

UniBE Contributor:

Goller, Daniel, Wolter, Stefan Cornelis

Subjects:

300 Social sciences, sociology & anthropology > 330 Economics

ISSN:

2365-9793

Series:

IZA Discussion Paper

Publisher:

IZA – Institute of Labor Economics

Language:

English

Submitter:

Julia Alexandra Schlosser

Date Deposited:

29 Nov 2023 07:55

Last Modified:

29 Nov 2023 07:55

Publisher DOI:

10.2139/ssrn.4636863

URI:

https://boris.unibe.ch/id/eprint/189513

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