Insiders versus Outsiders

The insider-outsider theory examines the behavior of economic agents in markets where some participants have more privileged postions than others. Incumbent workers in the labor market, the insiders, often enjoy more favorable employment opportunities than the outsiders.

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Bibliographic Details
Published in:	The Journal of economic perspectives Vol. 15; no. 1; pp. 165 - 188
Main Authors:	Lindbeck, Assar, Snower, Dennis J.
Format:	Journal Article
Language:	English
Published:	Nashville American Economic Association 2001
Subjects:	Cooperation Costs Economic costs Economic theory Employee turnover Employment Employment termination Informal economy Insider outsider theory Labor costs Labor market Labor markets Labour costs Labour market Labour turnover Market power Present value Productivity Seniority Suppliers Trade unionism Unemployment Wages Wages & salaries We they distinction Workers
Online Access:	Get full text
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Description
Summary:	The insider-outsider theory examines the behavior of economic agents in markets where some participants have more privileged postions than others. Incumbent workers in the labor market, the insiders, often enjoy more favorable employment opportunities than the outsiders.
Bibliography:	ObjectType-Article-2 SourceType-Scholarly Journals-1 ObjectType-Feature-1 content type line 23
ISSN:	0895-3309 1944-7965
DOI:	10.1257/jep.15.1.165