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</o:shapelayout></xml><![endif]--></head><body lang=DE link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal>Dear all,<o:p></o:p></p><p class=MsoPlainText><span lang=EN-US><o:p> </o:p></span></p><p class=MsoPlainText><span lang=EN-US><o:p> </o:p></span></p><p class=MsoPlainText><span lang=EN-US>I am happy to inform you that Andrea Weber will give the next talk in the Applied Economics Seminar on Tuesday, March 8, from 13.15-14.30h.<o:p></o:p></span></p><p class=MsoPlainText><span lang=EN-US><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-US><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt'>Internal Labor Markets: A Worker Flow Approach<br>joint with Ingrid Huitfeldt, Andreas Kostol, Jan Nimczik<br><br>Abstract: This paper develops a new method to study how workers’ career and wage profiles are shaped<br>by internal labor markets (ILM) and job hierarchies in firms. Our paper tackles the conceptual challenge of<br>organizing jobs within firms into hierarchy levels by proposing a data-driven ranking method based on observed<br>worker flows between occupations within firms. We apply our method to linked employer-employee<br>data from Norway that records fine-grained occupational codes and tracks contract changes within firms.<br>Our findings confirm existing evidence that is primarily based on case studies for single firms. We expand on<br>this by documenting substantial heterogeneity in the structure and hierarchy of ILMs across a broad range of<br>large firms. Our findings on wage and promotion dynamics in ILMs are consistent with models of careers in<br>organizations.</span><span lang=EN-US><br><br></span><span lang=EN-US><o:p></o:p></span></p><p class=MsoPlainText><span lang=EN-US><o:p> </o:p></span></p><p class=MsoPlainText><span lang=EN-US><o:p> </o:p></span></p><p class=MsoPlainText><span lang=EN-US>Room: Seminar room in the VGSE<o:p></o:p></span></p><p class=MsoPlainText><span lang=EN-US><o:p> </o:p></span></p><p class=MsoPlainText><span lang=EN-US>If you are interested in meeting the speaker please enlist in the doodle-link below (office No. 05.303)<o:p></o:p></span></p><p class=MsoPlainText><span lang=EN-US>https://doodle.com/meeting/participate/id/mbkwn2rb<o:p></o:p></span></p><p class=MsoPlainText><span lang=EN-US><o:p> </o:p></span></p><p class=MsoPlainText><span lang=EN-US>Best regards,<o:p></o:p></span></p><p class=MsoPlainText><span lang=DE-AT>Gabi<o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>