Manager migration, learning‐by‐hiring, and cultural distance in international soccer

Research Summary We investigate the international transfer of managerial know‐how by analyzing manager migration patterns in the setting of international soccer. We characterize a country's managerial know‐how by estimating a stochastic frontier model, which relates the country's soccer performance to socioeconomic and climatic conditions. We find evidence of learning‐by‐hiring in that hiring a migrant manager hailing from a high know‐how...