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The Economic Analysis of Internal Labour Markets


  • Creedy, John
  • Whitfield, Keith


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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    References listed on IDEAS

    1. Michel Lubrano & Luc Bauwens & Alan Kirman & Camelia Protopopescu, 2003. "Ranking Economics Departments in Europe: A Statistical Approach," Journal of the European Economic Association, MIT Press, vol. 1(6), pages 1367-1401, December.
    2. Juan Dolado & Antonio García-Romero & Gema Zamarro, 2003. "Publishing performance in economics: Spanish rankings (1990-1999)," Spanish Economic Review, Springer;Spanish Economic Association, vol. 5(4), pages 317-317, November.
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    4. Richard Pomfret & Liang Choon Wang, 2003. "Evaluating The Research Output Of Australian Universities' Economics Departments," Australian Economic Papers, Wiley Blackwell, vol. 42(4), pages 418-441, December.
    5. Joao Ricardo Faria, 2000. "The Research Output of Academic Economists in Brazil," Working Paper Series 100, Finance Discipline Group, UTS Business School, University of Technology, Sydney.
    6. Joseph Macri & Dipendra Sinha, 2006. "Rankings Methodology for International Comparisons of Institutions and Individuals: an Application to Economics in Australia and New Zealand," Journal of Economic Surveys, Wiley Blackwell, vol. 20(1), pages 111-156, February.
    7. Pantelis Kalaitzidakis & Theofanis P. Mamuneas & Thanasis Stengos, 1999. "Rankings of Economic Departments Among Greek-Speaking Institutions," Ekonomia, Cyprus Economic Society and University of Cyprus, vol. 3(1), pages 70-75, summer.
    8. Tom Coupé & Patrick Paul Walsh, 2003. "Quality Based Rankings of Irish Economists 1990-2000," The Economic and Social Review, Economic and Social Studies, vol. 34(2), pages 145-149.
    9. Pantelis Kalaitzidakis & Theofanis P. Mamuneas & Thanasis Stengos, 2003. "Rankings of Academic Journals and Institutions in Economics," Journal of the European Economic Association, MIT Press, vol. 1(6), pages 1346-1366, December.
    10. Michael E. Conroy & Richard Dusansky, 1995. "The Productivity of Economics Departments in the U.S.: Publications in the Core Journals," Journal of Economic Literature, American Economic Association, vol. 33(4), pages 1966-1971, December.
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    Cited by:

    1. 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.
    2. 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.
    3. Benjamin Artz, 2008. "Fringe Benefits and Job Satisfaction," Working Papers 08-03, UW-Whitewater, Department of Economics.
    4. Zimmermann, Klaus F., 1998. "German Job Mobility and Wages," IZA Discussion Papers 4, Institute for the Study of Labor (IZA).

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