Reallocation of Capital and Labor within Firms
Summary Understanding how internal capital and labor markets function sheds light on one of the most fundamental questions in economics: what determines the boundaries of the firm? This essay reviews the theoretical and empirical literature on internal capital markets and firm boundaries, focusing i...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
SpringerOpen
2016-01-01
|
Series: | Swiss Journal of Economics and Statistics |
Subjects: | |
Online Access: | http://link.springer.com/article/10.1007/BF03399429 |