Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/58544
Authors: 
Sasaki, Masaru
Takii, Katsuya
Wan, Junmin
Year of Publication: 
2012
Series/Report no.: 
Discussion Paper series, Forschungsinstitut zur Zukunft der Arbeit 6486
Abstract: 
This paper provides new evidence about horizontal transfer and promotion using the largest available personnel panel data in Japan and interprets them from the perspective of task-specific human capital. We find that firms synchronize their employees' promotion and horizontal transfers. Then, we show theoretically that task-specific human capital can naturally generate such synchronization. We also find that the directors in an accounting department have the highest probability of being promoted to become board members, while those in a research department have the lowest. This suggests that top managers need a balanced skill set, in which allocative skill is relatively important.
Subjects: 
rotation
promotion
task-specific human capital
JEL: 
J62
M51
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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