An empirical note on wages in an internal labour market
- 作者：Christian Pfeifer
- 关键词：Internal labour markets ; New entrants ; Promotions ; Wages
- 刊名：Economics Letters
- 出版年：2008
- 期刊代码：9_01651765
- 类别：eco
- 出版时间：June 2008
- 卷：99
- 期：3
- 页码：570-573
- 文件大小：133 K
摘要
Earnings functions are estimated using personnel data of a German company. Results support a positive correlation between human capital, hierarchical levels, promotions, and wages. Moreover, promoted and newly hired employees start at the bottom of a level's wage distribution.