Career and Wage Dynamics: Evidence from Linked Employer-Employee Data
We study career and wage dynamics within and between firms using a large linked employer-employee panel dataset spanning 26 years. We construct six-level hierarchies for more than 5,000 firms. We replicate most of the analyses from Baker, Gibbs and Holmström (Quarterly Journal of Economics, 1994) and make some extensions. Many of our results corroborate their findings. Careers within firms are important, but the strong version of the theory of internal labor markets does not fit the data. Recent theories of career and wage dynamics explain our findings well.
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- Bas Klaauw & António Dias da Silva, 2011.
"Wage dynamics and promotions inside and between firms,"
Journal of Population Economics,
Springer;European Society for Population Economics, vol. 24(4), pages 1513-1548, October.
- Silva, António Dias da & van der Klaauw, Bas, 2006. "Wage Dynamics and Promotions Inside and Between Firms," IZA Discussion Papers 2351, Institute for the Study of Labor (IZA).
- Antonio Dias da Silva & Bas van der Klaauw, 2006. "Wage Dynamics and Promotions inside and between Firms," Tinbergen Institute Discussion Papers 06-084/3, Tinbergen Institute.