This paper investigates the effect of parents’ current income and long-term;family characteristics on individuals’ highest educational qualification ob-tained;by age 26 using UK data from the 1970 British Cohort Study. The;issues of the possible sample selection bias produced by the not...

The authors evaluate the economic effects of the hypothesis of effort-based career opportunities, described as a situation in which a firm creates incentives for employees to work longer hours than bargained (or desired), by making career prospects depend on relative working hours. Firms'...

Purpose – The purpose of this paper is to describe the hypothesis of effort‐based career opportunities as a situation in which profit maximising firms create incentives for employees to work longer hours than the bargained ones, by making career prospects depend on working hours. The paper...