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Post-Institutionalism in Labor Economics: The Forties and Fifties Revisited

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  • Martin Segal

Abstract

This paper describes and evaluates the analytical model of the labor market developed by prominent labor economists of the 1940s and 1950s. The author argues that the post-institutionalist model made significant and lasting contributions to the analysis of labor mobility and the process of job search; to the formulation of models of union policies and the evaluation of the impact of collective bargaining; to the analysis of the factors that shape internal wage structure and contribute to the rise of internal labor markets; and, by its emphasis on the critical role played by the forces of demand, to the analysis of the wage determination process.

Suggested Citation

  • Martin Segal, 1986. "Post-Institutionalism in Labor Economics: The Forties and Fifties Revisited," ILR Review, Cornell University, ILR School, vol. 39(3), pages 388-403, April.
    • Handle: RePEc:sae:ilrrev:v:39:y:1986:i:3:p:388-403
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    Cited by:

    1. Lane, Julia I. & Salmon, Laurie A. & Spletzer, James R., 2007. "Establishment Wage Differentials," Working Papers 403, U.S. Bureau of Labor Statistics.
    2. Michel Rocca, 2017. "L'analyse économique du travail. Complémentarité ou parallélisme des propositions théoriques depuis les années 1880," Working Papers halshs-01566506, HAL.
    3. Frolov, Daniil, 2019. "The manifesto of post-institutionalism: institutional complexity research agenda," MPRA Paper 97662, University Library of Munich, Germany.
    4. Frolov, Daniil, 2018. "Постинституционализм: За Пределами Институционального Мейнстрима [Post-institutionalism: Beyond the Institutional Mainstream]," MPRA Paper 90287, University Library of Munich, Germany.
    5. Soon Ang & Sandra Slaughter & Kok Yee Ng, 2002. "Human Capital and Institutional Determinants of Information Technology Compensation: Modeling Multilevel and Cross-Level Interactions," Management Science, INFORMS, vol. 48(11), pages 1427-1445, November.
    6. Alan L. Gustman & Thomas L. Steinmeier, 1987. "Pensions, Efficiency Wages, and Job Mobility," NBER Working Papers 2426, National Bureau of Economic Research, Inc.
    7. Schmid, Günther, 1989. "Die neue institutionelle Ökonomie: Königsweg oder Holzweg zu einer Institutionstheorie des Arbeitsmarktes?," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, issue 3, pages 386-408.
    8. Frolov, Daniil, 2019. "Постинституционализм: Программа Исследований За Пределами Институционального Мейнстрима [Post-institutionalism: research program beyond the institutional mainstream]," MPRA Paper 92328, University Library of Munich, Germany.

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