Training and promotion : allocation of skills or incentives?

This paper analyzes the impact of training on the probability of promotion. Results from the British Household Panel Survey indicate that training increases the probability of promotion of female workers, but not that of male workers. In terms of wages, men obtain significant returns from (general and specific) training acquired with their current employer, while women profit from general training. Overall, results suggest that career moves of women are importantly affected by the market value of their skills, while those of men fit better a model of promo tions as providers of incentivesFinancial support under Grants SEJ2006 01731 and CSD2006 16 (Spanish Government) and S2007 ⁄ HUM-0413 (Madrid Regional Government) is gratefully acknowledgedPublicad