Bognanno, Michael L.; Melero Martín, Eduardo - Institute for the Study of Labor (IZA) - 2012
workers are assumed to come from a group with lower average ability. Their promotion is hypothesized to signal a larger … positive assessment of their ability than for more highly educated workers for whom promotion is expected. Promotions for … accordance with our hypotheses regarding the effect of both age and education on the gains to promotion. However, the statistical …