TY  - RPRT
        AU  - Silva, António Dias da
AU  - Klaauw, Bas van der
        TI  - Wage Dynamics and Promotions Inside and Between Firms
        PY  - 2006/Oct/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 2351
        UR  - https://www.iza.org/index.php/publications/dp2351
        AB  - We focus on the dynamic relation between wage increases, promotions and job changes. We relate our empirical analyses to the theoretical model of Gibbons and Waldman (1999). In the empirical analyses we use the Portuguese matched employer-employee data Quadros de Pessoal. We conclude from finding significant serial correlation in wage increases and promotion rates that employer learning about the worker's ability might be important. Furthermore, we find that the Portuguese labor market is not competitive. Finally, we argue that employer-reported promotion relate to a large extent to wage increases rather than changes in job tasks and complexity.
        KW  - competition
KW  - learning
KW  - matched employer-employee data
KW  - dynamic panel data models
        ER  -