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Theory and Evidence in Internal LaborMarkets
[The Handbook of Organizational Economics]

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  • Michael Waldman

Abstract

A number of branches of the literature on internal labor markets have matured to the point that there is now a healthy two-way interaction between theory and empirical work. In this survey I consider two of these branches: i) wage and promotion dynamics; and ii) human-resource practices. For each case I describe the empirical and theoretical literatures and also discuss what we can learn by paying careful attention to how theoretical and empirical findings are related. In addition to surveying the literatures on these two topics, my goal is to show how a deeper understanding of internal-labor-market phenomena can be derived from a close partnering of empirical and theoretical research.

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This chapter was published in: Robert Gibbons & John Roberts (ed.) , Princeton University Press, Princeton, NJ, pages , 2012.

This item is provided by Princeton University Press in its series Introductory Chapters with number 9889-13.

Handle: RePEc:pup:chapts:9889-13

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Cited by:
  1. Josse Delfgaauw & Robert Dur & Arjan Non & Willem Verbeke, 2011. "The Effects of Prize Spread and Noise in Elimination Tournaments: A Natural Field Experiment," Tinbergen Institute Discussion Papers 11-120/1, Tinbergen Institute, revised 03 Oct 2013.
  2. DeVaro, Jed, 2011. "Using "opposing responses" and relative performance to distinguish empirically among alternative models of promotions," MPRA Paper 35175, University Library of Munich, Germany.
  3. Christos Bilanakos, 2011. "Career Concerns and Firm – Sponsored General Training," University of Cyprus Working Papers in Economics 07-2011, University of Cyprus Department of Economics.
  4. Robert Gibbons, 2010. "Inside Organizations: Pricing, Politics, and Path Dependence," Annual Review of Economics, Annual Reviews, vol. 2(1), pages 337-365, 09.
  5. Mañé Vernet, Ferran & Benner, Chris, 2009. "Dead-End Jobs or Career Opportunities? Advancement opportunities in call centers," Working Papers 2072/42870, Universitat Rovira i Virgili, Department of Economics.
  6. ZHANGALIYEVA, Aigerim & NAKABAYASHI, Masaki, 2013. "Heritage from Czar: The Russian Dual System of Schooling and Signaling," ISS Discussion Paper Series (series F) f163, Institute of Social Science, The University of Tokyo.
  7. Valerie Smeets & Michael Waldman & Frederic Warzynski, 2013. "Performance, Career Dynamics, and Span of Control," Economics Working Papers 2013-02, School of Economics and Management, University of Aarhus.

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