%0 Report
        %A Lima, Francisco
%A Pereira, Pedro T.
        %T Careers and Wage Growth within Large Firms
        %D 2001
        %8 2001 Jul
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 336
        %U https://www.iza.org/publications/dp336
        %X The relationship between the worker’s career path and wage growth is studied using a longitudinal sample of large firms. The econometric analysis shows that promoted workers receive a positive wage premium even if they stay in the same job level. Demotions are associated with negative wage premiums. The wage-career dynamics generates a U-shape to the wage premiums for promotions over the hierarchical ladder. In the context of the model discussed, this shape suggests a stronger learning and/or human capital accumulation effect at the bottom of the hierarchy and a stronger job assignment effect at the top.
        %K wage growth
%K promotions
%K Careers