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Rising Concentration and Wage Inequality

Cortes, Guido Matias - 2020

shocks that increase concentration will also lead to an increase in wage dispersion between firms. Empirically, we use …-tically significant correlation between concentration and between-firm wage inequality, driven by increases in market shares and wages in …

Persistent link: https://www.econbiz.de/10012826722

Trade, Quality Upgrading and Wage Inequality in the Mexican Manufacturing Sector

Verhoogen, Eric A. - 2021

This paper proposes a new mechanism linking trade and wage inequality in developing countries - the quality-upgrading mechanism - and investigates its empirical implications in panel data on Mexican manufacturing plants. In a model with heterogeneous plants and quality-differentiated goods, only...

Persistent link: https://www.econbiz.de/10013316928

The Impact of Trade Liberalization on Firms' Product and Labor Market Power

Dobbelaere, Sabien - 2020

This paper examines the impact of trade liberalization on firms' product and labor market power. We estimate the prevalence and intensity of firm-level price-cost markups and either wage markups or wage markdowns. We take the dependence between these model-consistent measures of product and...

Persistent link: https://www.econbiz.de/10012842037

Firm-Size Wage Gaps Along the Formal-Informal Divide : Theory and Evidence

Balkan, Binnur - 2015

Observationally equivalent workers are paid higher wages in larger firms. This fact is often named as the "firm-size wage gap" and is regarded as a key empirical puzzle. Using micro-level data from Turkey, we document a new stylized fact: the firm-size wage gap is more pronounced for informal...

Persistent link: https://www.econbiz.de/10013012809

The Role of Establishments and the Concentration of Occupations in Wage Inequality

Handwerker, Elizabeth Weber - 2015

occupational concentration to wage inequality between establishments and its growth over time. We show that occupational … concentration plays an important role in wage determination for workers, in a wide variety of occupations, and can explain some … establishment-level wage variation. Occupational concentration is increasing during the 2000-2011 time period, although much of this …

Persistent link: https://www.econbiz.de/10013016199

The Impact of Regulation on Innovation

Aghion, Philippe; Bergeaud, Antonin; Van Reenen, John - 2021

Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable endogenous growth model with size-contingent regulations. We apply this to population administrative firm panel data from France, where many labor regulations apply to firms...

Persistent link: https://www.econbiz.de/10013248072

Firm Dynamics, Job Turnover, and Wage Distributions in an Open Economy

Cosar, Kerem - 2014

This paper explores the combined effects of reductions in trade frictions, tariffs, and firing costs on firm dynamics, job turnover, and wage distributions. It uses establishment-level data from Colombia to estimate an open economy dynamic model that links trade to job flows in a new way. The...

Persistent link: https://www.econbiz.de/10013061953

Product Markets and Paychecks : Deregulation's Effect on the Compensation Structure in Banking

Wozniak, Abigail - 2021

This paper asks how deregulation intended to promote competition in the commercial banking industry affected the compensation structure for banking employees. Using establishment-based data from the Employment Cost Index Survey of the U.S. Bureau of Labor Statistics, I obtain measures of the...

Persistent link: https://www.econbiz.de/10013317678

What drives innovation? : lessons from COVID-19 R&D

Agarwal, Ruchir; Gaulé, Patrick - 2021

To examine the drivers of innovation, this paper studies the global R and D effort to fight the deadliest diseases and presents four results. We find: (1) global pharmaceutical R and D activity-measured by clinical trials-typically follows the 'law of diminishing effort': id est the elasticity...

Persistent link: https://www.econbiz.de/10012518690

Spillovers from Conditional Cash Transfer Programs : Bolsa Família and Crime in Urban Brazil

Chioda, Laura - 2014

This paper investigates the impact of Conditional Cash Transfer (CCT) programs on crime. Making use of a unique dataset combining detailed school characteristics with time and geo-referenced crime information from the city of São Paulo, Brazil, we estimate the contemporaneous effect of the...

Persistent link: https://www.econbiz.de/10013066498