Policy complementarities to curb market power and raise real wages

Recent evidence suggests that anti-competitive behavior of firms negatively affects workers' real wages. Typically, policy actions relate to antitrust regulation and rarely to measures that curb employers' monopsony power. We show that policymakers who want to raise workers' real wages should address both types of market power simultaneously to gain from a policy complementarity

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Year of publication:	[2022]
Authors:	Eckardt, Marcel Steffen ; Neugart, Michael
Publisher:	[S.l.] : SSRN
Subject:	Marktmacht \| Market power \| Reallohn \| Real wages \| Theorie \| Theory

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Extent:	1 Online-Ressource (10 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 10, 2022 erstellt
Other identifiers:	10.2139/ssrn.4005510 [DOI]
Classification:	D21 - Firm Behavior ; D43 - Oligopoly and Other Forms of Market Imperfection ; J42 - Monopsony; Segmented Labor Markets
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013308756