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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP1646 |
DP1646 The Exchange Rate Policy of the Euro: A Matter of Size? | |
Philippe Martin | |
发表日期 | 1997-05-30 |
出版年 | 1997 |
语种 | 英语 |
摘要 | This paper studies the promotion policy of a large, hi-tech manufacturing Japanese firm. We find that the company has multiple ports of entry and hires a significant number of employees with previous job experience. In addition, cohort-peer differentiation in promotion starts much earlier than predicted by the common view, and there are clear signs of fast-track effects, so that individuals promoted faster earlier are more likely to be promoted faster later on. Fast-track effects are not in the genes, because they survive even after controlling for time-invariant individual effects, such as innate individual ability. The last result is difficult to justify using a pure learning model, where ability is time invariant, so that a richer learning model, incorporating, say, human capital considerations, is clearly required. |
主题 | Industrial Organization |
关键词 | Internal labour market Japanese firms Promotion policy |
URL | https://cepr.org/publications/dp1646 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530786 |
推荐引用方式 GB/T 7714 | Philippe Martin. DP1646 The Exchange Rate Policy of the Euro: A Matter of Size?. 1997. |
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