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The Economic Analysis of Internal Labour Markets

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  • Creedy, John
  • Whitfield, Keith

Abstract

The internal labor market concept has had a major impact upon economic analysis. In particular, it has prompted economists, to closely examine questions of work effort and motivation, and to recognize that labor is a qualitatively different factor of production from capital. Economists have disagreed, however, on the most appropriate manner in which to integrate the internal labor market into economic theory. Empirical research upon the internal labor market by economists has been minimal, partly reflecting the inappropriateness of conventional economic methods for internal labor market research. It is concluded that there is a need for detailed and disaggregated research on the internal labor market by economists. Copyright 1988 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research

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Bibliographic Info

Article provided by Wiley Blackwell in its journal Bulletin of Economic Research.

Volume (Year): 40 (1988)
Issue (Month): 4 (October)
Pages: 247-69

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Handle: RePEc:bla:buecrs:v:40:y:1988:i:4:p:247-69

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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0307-3378

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Cited by:
  1. Luca Pieroni & Fabrizio Pompei, 2007. "Evaluating Innovation and Labour Market Relationships: The Case of Italy," Quaderni del Dipartimento di Economia, Finanza e Statistica 28/2007, Università di Perugia, Dipartimento Economia, Finanza e Statistica.
  2. Zimmermann, Klaus F., 1998. "German Job Mobility and Wages," IZA Discussion Papers 4, Institute for the Study of Labor (IZA).
  3. Benjamin Artz, 2008. "Fringe Benefits and Job Satisfaction," Working Papers 08-03, UW-Whitewater, Department of Economics.
  4. Leontaridi, Rannia M., 2002. "Career, experience and returns to human capital: is the dual labour market hypothesis relevant for the UK?," Research in Economics, Elsevier, vol. 56(4), pages 399-426, December.

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