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The career prospects of newly recruited employees differ substantially within an organization. The stars experience a considerable growth in earnings; others can hardly maintain their entry salaries. This article sheds light on the mechanisms generating the observed heterogeneity in earnings...
Persistent link: https://www.econbiz.de/10010269862
While it is well established that both promotions within firms and mobility across firms lead to significant earnings progression, little is known about the interaction between these types of mobility. Exploiting a large Danish panel data set and controlling for unobserved individual...
Persistent link: https://www.econbiz.de/10010274645
income data. Yet, what matters for incentives is how much an individual can consume or save after taxation. We show that net … and gross income growth patterns may differ substantially when a progressive tax system allows for deduction opportunities … income gains from promotions and cross-firm mobility do not translate into significantly higher net income growth, because …
Persistent link: https://www.econbiz.de/10010278409