Working Paper No. 121
July 10, 1994

The Timing of Promotion to Top Management in the US and Japan

A Duration Analysis

by Takao Kato and Larry W. Taylor

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Bard College
Annandale-on-Hudson, NY 12504-5000
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The Levy Economics Institute of Bard College, founded in 1986 through the generous support of Bard College trustee Leon Levy, is a nonprofit, nonpartisan, public policy research organization. The Levy Institute is independent of any political or other affiliation, and encourages diversity of opinion in the examination of economic policy issues while striving to transform ideological arguments into informed debate.

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