Ellul, Andrew; Pagano, Marco; Scognamiglio, Annalisa - 2021
develop within sectors. Careers in asset management feature higher and steeper pay profiles than those of employees in banking … reconstruct the careers of 11,255 professionals in finance, high-tech and services from 1980 to 2017, and find that careers mostly … career premia in asset management and high-tech, and these sectors are regarded as substitutes by potential entrants …