The theories of human capital and internal labor markets are used to analyze teacher mobility. With data for the San Diego school system, we find that (1) since teaching assignments within school systems do not differ in terms of salary, internal mobility of teachers is governed by such...

In this paper we trace the evolution of economic search theory and the concomitant accumulation of insights so as to elucidate is successes as well as its central location within the economics of information. The reason for the phenomenal success of search theory is twofold. First, Stigler’s...