Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/186063 
Authors: 
Year of Publication: 
2016
Citation: 
[Journal:] Swiss Journal of Economics and Statistics [ISSN:] 2235-6282 [Volume:] 152 [Issue:] 4 [Publisher:] Springer [Place:] Heidelberg [Year:] 2016 [Pages:] 289-303
Publisher: 
Springer, Heidelberg
Abstract: 
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 in particular on the close link between the two subjects. Emphasis is placed on the question of how firms reallocate capital and labor internally across individual firm units in response to plausibly exogenous shocks. The essay concludes with directions for future research.
Subjects: 
boundaries of the firm
internal capital markets
capital and labor reallocation
JEL: 
D23
G31
G32
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

Files in This Item:
File
Size
127.47 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.