Analysis of the Educational Personnel System

II. A Theory of Labor Mobility with Applications to the Teacher Market

by David H. Greenberg, John McCall

Download

Download eBook for Free

FormatFile SizeNotes
PDF file 1.6 MB

Use Adobe Acrobat Reader version 10 or higher for the best experience.

Purchase

Purchase Print Copy

 FormatList Price Price
Add to Cart Paperback37 pages $20.00 $16.00 20% Web Discount

Presents three theories of labor mobility and shows how they apply to the market for primary and secondary school teachers: the purely economic theory of human capital model, the institutional theory of internal labor markets, and a purely probabilistic Markov model. The theory of human capital emphasizes that the special skills and information workers bring to or learn on a job may not be transferable to other jobs. It uses the concepts of recruitment costs and job search costs to explain the sluggishness of job adjustment to market conditions. The theory of internal labor markets is used to examine labor mobility from a more institutional perspective. It emphasizes the ways in which labor markets are segmented for social, geographic, and institutional reasons. Probabilistic models of labor flows are a third approach to the understanding of labor turnover. These models are integrated with human capital and internal labor market approaches.

This report is part of the RAND Corporation report series. The report was a product of the RAND Corporation from 1948 to 1993 that represented the principal publication documenting and transmitting RAND's major research findings and final research.

Permission is given to duplicate this electronic document for personal use only, as long as it is unaltered and complete. Copies may not be duplicated for commercial purposes. Unauthorized posting of RAND PDFs to a non-RAND Web site is prohibited. RAND PDFs are protected under copyright law. For information on reprint and linking permissions, please visit the RAND Permissions page.

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.