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Career Spillovers in Internal Labor Markets

Bianchi, Nicola; Bovini, Giulia; Li, Jin; Paradisi, Matteo - National Bureau of Economic Research - 2021

This paper studies career spillovers across workers, which arise in firms with limited promotion opportunities. We exploit a 2011 Italian pension reform that unexpectedly tightened eligibility criteria for the public pension, leading to sudden, substantial, and heterogeneous retirement delays....

Persistent link: https://www.econbiz.de/10012496159

Behavioral Corporate Finance : The Life Cycle of a CEO Career

Guenzel, Marius - 2020

stage, selection does not impede the promotion of behavioral managers. Instead, competitive environments oftentimes promote …

Persistent link: https://www.econbiz.de/10012481183

Shaped by Booms and Busts : How the Economy Impacts CEO Careers and Management Styles

Schoar, Antoinette - 2011

We show that economic conditions when managers enter the labor market have long-run effects on their career paths and … managerial styles. Managers who began their careers during recessions become CEOs more quickly, but at smaller firms. They also … environment is important to the formation and selection of managers …

Persistent link: https://www.econbiz.de/10012461067

Career Patterns of College Graduates in a Declining Job Market

Freeman, Richard B. - 1981

This study uses Current Population Survey cohort data and the National Longitudinal Survey for men aged 14-24 in 1966 to examine the earnings growth of college graduates relative to high school graduates during the 1970s depressed market for graduates. The principal finding is that the...

Persistent link: https://www.econbiz.de/10012478365

Cashier or Consultant? Entry Labor Market Conditions, Field of Study, and Career Success

Altonji, Joseph G. - 2014

We analyze the early labor market outcomes of U.S. college graduates from the classes of 1974 to 2011, as a function of the economic conditions into which they graduated. We have three main findings. First, poor labor market conditions substantially disrupt early careers. A large recession at...

Persistent link: https://www.econbiz.de/10012458134

Career Expectations and Outcomes : Evidence (on Gender Gaps) from the Economics Job Market

McFall, Brooke Helppie; Parolin, Eric D.; Zafar, Basit - National Bureau of Economic Research - 2024

This paper investigates gender gaps in long-term career expectations and outcomes of PhD candidates in economics. For this purpose, we match rich survey data on PhD candidates (from the 2008-2010 job market cohorts) to public data on job histories and publication records through 2022. We...

Persistent link: https://www.econbiz.de/10014576585

Enriching a Theory of Wage and Promotion Dynamics Inside Firms

Gibbons, Robert - 2003

In previous work we showed that a model that integrates job assignment, human-capital acquisition, and learning can explain several empirical findings concerning wage and promotion dynamics inside firms. In this paper we extend that model in two ways. First, we incorporate schooling into the...

Persistent link: https://www.econbiz.de/10012468848

A Theory of Wage and Promotion Dynamics in Internal Labor Markets

Gibbons, Robert - 1998

We attempt to explain employment practices in internal labor markets using models that combine job assignment, on-the-job human-capital acquisition, and learning. We show that a framework that integrates these familiar ideas captures a number of recent empirical findings concerning wage and...

Persistent link: https://www.econbiz.de/10012472351

Internal and External Labor Markets : A Personnel Economics Approach

Lazear, Edward P. - 2003

Internal labor markets are those where workers are hired into entry level jobs and higher levels are filled from within. Wages are determined internally and may be quite free of market pressure. External labor markets imply that workers move somewhat fluidly between firms and wages are...

Persistent link: https://www.econbiz.de/10012468502

Constraints on the Level and Efficient Use of Labor in Japan

Ono, Hiroshi - 2003

We examine a number of personnel practices, laws and regulations that lower the supply of labor in the Japanese economy. Broadly speaking, there are two kinds of impediments, those that restrict the movement of labor between firms, and those that discourage women from participating to a greater...

Persistent link: https://www.econbiz.de/10012469219

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