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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

Suggested Citation

  • Creedy, John & Whitfield, Keith, 1988. "The Economic Analysis of Internal Labour Markets," Bulletin of Economic Research, Wiley Blackwell, vol. 40(4), pages 247-269, October.
    • Handle: RePEc:bla:buecrs:v:40:y:1988:i:4:p:247-69
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    Cited by:

    1. Klaus F. Zimmermann, 1998. "German Job Mobility and Wages," Palgrave Macmillan Books, in: Isao Ohashi & Toshiaki Tachibanaki (ed.), Internal Labour Markets, Incentives and Employment, chapter 12, pages 300-332, Palgrave Macmillan.
    2. Luca Pieroni & Fabrizio Pompei, 2008. "Evaluating innovation and labour market relationships: the case of Italy," Cambridge Journal of Economics, Oxford University Press, vol. 32(2), pages 325-347, March.
    3. 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.
    4. Benjamin Artz, 2010. "Fringe benefits and job satisfaction," International Journal of Manpower, Emerald Group Publishing Limited, vol. 31(6), pages 626-644, September.
    5. David J. Storey & Robert Watson & Pooran Wynarczyk, 1994. "Regional Labour Market Influences on Managerial Remuneration in Small and Medium-sized Enterprises in England: An Empirical Analysis," Urban Studies, Urban Studies Journal Limited, vol. 31(8), pages 1407-1418, October.
    6. Alfonso Sousa‐Poza, 2004. "Is the Swiss Labor Market Segmented? An Analysis Using Alternative Approaches," LABOUR, CEIS, vol. 18(1), pages 131-161, March.

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