The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
The Rat Race and Internal Labor Markets
Abstract
The labor market is viewed as a market for labor contracts. A firm is identified as having an internal labor market if the efficient mode of production requires that it employ heterogeneous worker types by offering a wage structure as a set of subsidizing contracts. If the firm is free to offer its choice of wage structures, and if the Wilson notion of equilibrium is considered, then certain irreducible combinations of wage-job contracts will obtain. Depending upon the distribution of worker types, wages in these equilibrium wage structures may not correspond to the marginal productivities of individual workers, but the firm breaks even because the wages of high productivity types subsidize low productivity types within the firm. The theoretical framework of our model is based on recent contributions to the theory of self-selection screening.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
The Market for "Lemons": Quality Uncertainty and the Market Mechanism
Akerlof, G. A. (1970) · The Quarterly Journal of Economics · doi:10.2307/1879431 · Cited by 23,016
Cited by
Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information
Rothschild, M., & Stiglitz, J. (1976) · The Quarterly Journal of Economics · doi:10.2307/1885326 · Cited by 4,987
Adverse Selection in the Labor Market
Greenwald, B. C. N. (2018) · Routledge eBooks · doi:10.4324/9780429023507 · Cited by 441
An economic rationale for the pricing structure of bank loan commitments
Thakor, A. V., & Udell, G. F. (1987) · Journal of Banking & Finance · doi:10.1016/0378-4266(87)90053-7 · Cited by 92
Economic Effects of Risk Classification Bans
Dionne, G., & Rothschild, C. (2014) · The Geneva Risk and Insurance Review · doi:10.1057/grir.2014.15 · Cited by 52
Metadata
- Authors
- Miyazaki, H.
- Venue
- The Bell Journal of Economics
- Publisher
- JSTOR
- Published
- 1977
- Volume
- 8
- Issue
- 2
- Pages
- 394
- ISSN
- 0361-915X (ISSN-L)
- OpenAlex
- W1496065418
- Cited by
- 407
- References
- 1
- FWCI
- 11.44
- Type
- journal article
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: The Rat Race and Internal Labor Markets. https://app.cochat.ai/papers/10.2307/3003294
- The paper
- Miyazaki, H. (1977). The Rat Race and Internal Labor Markets. The Bell Journal of Economics. https://doi.org/10.2307/3003294
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
