A Theory of Wage and Promotion Dynamics Inside Firms
- 1 November 1999
- journal article
- Published by Oxford University Press (OUP) in The Quarterly Journal of Economics
- Vol. 114 (4) , 1321-1358
- https://doi.org/10.1162/003355399556287
Abstract
We show that a framework that integrates job assignment, human-capital acquisition, and learning captures several empirical findings concerning wageKeywords
All Related Versions
This publication has 43 references indexed in Scilit:
- Growth-Rate Heterogeneity and the Covariance Structure of Life-Cycle EarningsJournal of Labor Economics, 1997
- Strategic Promotion and CompensationThe Review of Economic Studies, 1995
- The Internal Economics of the Firm: Evidence from Personnel DataThe Quarterly Journal of Economics, 1994
- The Wage Policy of a FirmThe Quarterly Journal of Economics, 1994
- Patterns of intraorganizational mobility: Tournament models, path dependency, and early promotion effectsSocial Science Research, 1991
- The Effect of Implicit Contracts on the Movement of Wages Over the Business Cycle: Evidence from Micro DataJournal of Political Economy, 1991
- On the Covariance Structure of Earnings and Hours ChangesEconometrica, 1989
- Compensation and Incentives: Practice vs. TheoryThe Journal of Finance, 1988
- Firm-Specific Human Capital and Promotion LaddersThe Bell Journal of Economics, 1983
- The Production of Human Capital and the Life Cycle of EarningsJournal of Political Economy, 1967