Construct · 1 fields · 1 citations

internal labor market: a standalone construct

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Labor economics

the system of hiring ports, promotion paths and pay rules inside a firm that shields workers partly from the outside market.

In labor economics, internal labor market refers to the system of hiring ports, promotion paths and pay rules inside a firm that shields workers partly from the outside market. This meaning comes from Baker (1994) in The Quarterly Journal of Economics.[1]

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Nearby constructs

labor4 fields · 4 citationsjingle · one word, four constructs market3 fields · 5 citationsjingle · one word, three constructs promotion2 fields · 2 citationsjingle · one word, two constructs

References

Baker, G., Gibbs, M., & Holmstrom, B. (1994). The Internal Economics of the Firm: Evidence from Personnel Data. The Quarterly Journal of Economics, 109(4), 881-919. https://doi.org/10.2307/2118351

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