Internal and external labour markets : a synthetic approach.
The elevenp apersa ssociatedw ith this submissionre flect a researchp rogrammeth at
has as its centralc onceptualf rameworka synthesiso f the traditionally competing
perspectiveosf the 'externalla bour market'andt he 'internall abourm arketýT he Holt
and David 'stock! and 'flow' model of the former is integrated with Doeringer and
Piore'sm odelo f labour allocationa nd utilisation within the organisationto createa
'syntheticp aradigmt!h at offers, it is argued,a moreh olistic insighti nto the operation
of labour markets.O ne especialc onsequenceo f the use of this paradigm is the
opening up of the 'black box! that is the f= in much of the traditional labour
economics literature. Not only are policies of company recruitment and selection
transformedto becomee ssential,in tegral elementsw ithin the researchp rogramme,
the externall abourm arketc onsequenceosf thesep oliciesa re seent o havei mportant
implications for the identification and analysis of 'problems' of the external labour
For purposes of the introductory, synthesising chapter, the eleven papers are subdivided
into three themes. After an essential, preliminary quasi-ideological discussion
of the role of perspectives in the literature pertaining to labour markets, the
subsequent, predominantly empirical papers focus upon two aspects of the interrelationships
between internal and external labour markets viz. engagements i. e.
flows, principally from the external labour market, into organisations; and separations
ie. flows from organisations, principally but not exclusively to, the external labour
The synthesising chapter demonstrates - and the accompanying papers evidence -
both the viability and the efficacy of the 'synthetic paradigm! and illustrates the
additional insights into the problems and policies of employment and Iabour markets
which accrue from its application.