Joint research workshop of ID Lab and School of Economics and Finance
On December 04, a joint scientific workshop of ID Lab and the School of Economics and Finance was held. Petr Parshakov, deputy head of ID Lab and associate professor of the School of Economics and Finance, presented the idea of the study “Does beauty affect salary? An empirical analysis of MLS data”
Petr Parshakov presented the idea and preliminary results of a brandnew study, which he carries out together with Tadeu Gaspareto (ID Lab, NRU HSE-SPB) and 3rd year bachalor student of the HSE Perm, Economics program, Nadezhda Votintseva.
Using the data of Major League Soccer (USA), the highest football league in the USA, the authors empirically estimate the premium for the beauty of a football player. Player's "beauty" is measured by the symmetry of facial features. The premum implies higher salary in comparison with other players with similar characteristics.