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...

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Bibliographic Details
Main Author: Holger Mueller
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