Construct · 1 fields · 1 citations

insider-outsider theory: a standalone construct

One name. One construct. A landmark on the map.

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Labor economics

employed insiders using turnover costs to push wages up, leaving unemployed outsiders unable to underbid them.

In labor economics, insider-outsider theory refers to employed insiders using turnover costs to push wages up, leaving unemployed outsiders unable to underbid them. This meaning comes from Lindbeck (2001) in Journal of Economic Perspectives.[1]

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Nearby constructs

labor4 fields · 4 citationsjingle · one word, four constructs turnover4 fields · 4 citationsjingle · one word, four constructs

References

Lindbeck, A., & Snower, D. J. (2001). Insiders versus Outsiders. Journal of Economic Perspectives, 15(1), 165-188. https://doi.org/10.1257/jep.15.1.165

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