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Job Value: New Measure of Career Success Potential from a Job

Author

Listed:
  • Kenta Kojima

    (Faculty of Economics, Kansai University)

  • Katsuya Takii

    (Osaka School of International Public Policy, Osaka University)

Abstract

This paper develops a new method for assigning a value to each job that evaluates the likelihood and speed of promotion from that job to top executive and applies it to personnel data for Japanese bureaucrats. We find that outwardly similar jobs within the same hierarchical rank involve very different opportunities for promotion to top executive. We also reveal frequent real demotions and the early selection of elite bureaucrats unable to be detected through use of hierarchical rank. These findings suggest that assignment to a specific job can be a credible signal for promotion to top management.

Suggested Citation

  • Kenta Kojima & Katsuya Takii, 2023. "Job Value: New Measure of Career Success Potential from a Job," OSIPP Discussion Paper 23E001, Osaka School of International Public Policy, Osaka University.
    • Handle: RePEc:osp:wpaper:23e001
    as

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    File URL: http://www.osipp.osaka-u.ac.jp/archives/DP/2023/DP2023E001.pdf
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    References listed on IDEAS

    as
    1. Xin Jin & Michael Waldman, 2020. "Lateral Moves, Promotions, and Task-Specific Human Capital: Theory and Evidence," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 36(1), pages 1-46.
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    3. Thomas J. Dohmen & Ben Kriechel & Gerard A. Pfann, 2004. "Monkey bars and ladders: The importance of lateral and vertical job mobility in internal labor market careers," Journal of Population Economics, Springer;European Society for Population Economics, vol. 17(2), pages 193-228, June.
    4. Takii, Katsuya & Sasaki, Masaru & Wan, Junmin, 2020. "Synchronized job transfer and task-specific human capital," Journal of the Japanese and International Economies, Elsevier, vol. 56(C).
    5. Michael Waldman, 1984. "Job Assignments, Signalling, and Efficiency," RAND Journal of Economics, The RAND Corporation, vol. 15(2), pages 255-267, Summer.
    6. Ariga, Kenn & Ohkusa, Yasushi & Brunello, Giorgio, 1999. "Fast track: is it in the genes? The promotion policy of a large Japanese firm," Journal of Economic Behavior & Organization, Elsevier, vol. 38(4), pages 385-402, April.
    7. Kawaguchi, Daiji & Ma, Wenjie, 2008. "The causal effect of graduating from a top university on promotion: Evidence from the University of Tokyo's 1969 admission freeze," Economics of Education Review, Elsevier, vol. 27(2), pages 184-196, April.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Internal labor market; Career paths; Promotion; Fast track; Job Assignment;
    All these keywords.

    JEL classification:

    • J45 - Labor and Demographic Economics - - Particular Labor Markets - - - Public Sector Labor Markets
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • M51 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Firm Employment Decisions; Promotions

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