Using a rich personnel data set of a large European university we find strong evidence for the existence of an internal labor market. First, there is a strong port of entry at the lowest academic rank and in fact even prior to entering professorship, resulting in very long internal careers....

Based on a rich personnel data set of a large university we find strong evidence for the existence of an internal labor market. First, the lowest academic rank is a strong port of entry and the highest rank is a port of exit. Second, wages do not follow external wage developments, since they...

Based on a rich personnel data set of a large university we find strong evidence for the existence of an internal labor market. First, the lowest academic rank is a strong port of entry and the highest rank is a port of exit. Second, wages do not follow external wage developments, since they...