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A Theory of Career Mobility

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  • Oded Galor
  • Nachum Sicherman

Abstract

This paper analyzes theoretically and empirically the role and significance of occupational mobility in the labor market, focusing on individuals' careers. It provides additional dimensions to the analysis of investment in human capital; wage differences across individuals; and the relationships among promotions, quits, and interfirm occupational mobility. It is shown that part of the returns to education is in the form of higher probabilities of occupational upgrading, within or across firms. Given an origin occupation, schooling increases the likelihood of occupational upgrading. Furthermore, workers who are not promoted, despite a high probability of promotion, are more likely to quit. Copyright 1990 by University of Chicago Press.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Oded Galor & Nachum Sicherman, 1988. "A Theory of Career Mobility," Working Papers 1988-27, Brown University, Department of Economics.
    • Handle: RePEc:bro:econwp:1988-27
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    Other versions of this item:

    • Galor, Oded & Sicherman, Nachum, 1988. "A Theory of Career Mobility," Working Papers 51, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.

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