“Psyching Out” the Internal Labour Market to Help Improve Job or Career Choice
Frank H. Cassell
(Professor of Industrial Relations, Northwestern University Graduate School of Management)
Elizabeth Cassell
(Research Consultant, Diamond C Services, Wisconsin)
143
Abstract
In a perfectly operating labour market, one of perfect competition and information and unfettered labour mobility, labour flows in the direction of the highest price employers are willing to pay; as labour becomes scarce in the sending area and plentiful in the receiving area, the price of that labour, wages, tend to equalise.
Citation
Cassell, F.H. and Cassell, E. (1981), "“Psyching Out” the Internal Labour Market to Help Improve Job or Career Choice", International Journal of Manpower, Vol. 2 No. 2, pp. 7-16. https://doi.org/10.1108/eb044854
Publisher
:MCB UP Ltd
Copyright © 1981, MCB UP Limited