Wayne A Grove
Visiting Research Scholar, National Bureau of Economic Research
Wayne A. Grove is a Professor of Economics at Le Moyne College, an affiliate of the Institute for Quantitative Social Science, and a Visiting Research Scholar at the National Bureau of Economic Research. He studies labor economics, with a focus on human capital investments and career outcomes. Current projects include understanding labor supply decisions in superstar markets via longitudinal data set of tennis players (teenagers through pro careers) and of baseball, basketball, and football players (high school to college through pro careers). Related projects entail the role of earnings skewness in teenage pursuit of long-shot superstar careers, the causes and consequences of elite athlete mortality and longevity, how institutional differences in pre-market requirements affect talent identification, whether high productivity managers can transfer their abilities, and optimal risk sharing contracts for such long-shot careers. In addition, via a quasi-natural experiment the permits identification, I am investigating superstar female role model effects on gender role and egalitarian attitudes.