Abstract
This paper finds that the number of CEOs born in June and July is disproportionately small relative to the number of CEOs born in other months. Our evidence is consistent with the "relative-age effect" due to school admissions grouping together children with age differences up to one year, with children born in June and July disadvantaged throughout life by being younger than their classmates born in other months. Our results suggest that the relative-age effect has a long-lasting influence on career success.
Original language | English |
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Pages (from-to) | 660-662 |
Number of pages | 3 |
Journal | Economics Letters |
Volume | 117 |
Issue number | 3 |
DOIs | |
Publication status | Published - 1 Jan 2012 |
Externally published | Yes |
Keywords
- Career success
- CEO birth-date
- Relative-age
ASJC Scopus subject areas
- Finance
- Economics and Econometrics