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Based on a rich personnel data set of a large university we ...nd 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 follow administrative rules that have not been modi...ed for a long time. We subsequently look at internal promotion dynamics to assess the relevance of alternative internal labor market theories. A uniquedoi:10.2139/ssrn.1612221 fatcat:ticlxxla4vashi4vxra3xzqlg4