TY - RPRT AU - Lima, Francisco AU - Pereira, Pedro T. TI - Careers and Wage Growth within Large Firms PY - 2001/Jul/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 336 UR - https://www.iza.org/publications/dp336 AB - 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. KW - wage growth KW - promotions KW - Careers ER -