Wage and productivity effects of training are compared to study how the training rent is shared between employers and employees. With panel data from 1996-2002, I analyse the impact of continuing training on wages and productivity in a Cobb-Douglas production framework. Using system GMM...

Using a linked employer-employee data set, this paper analyses the relationship between firm profitability and wages. Particular emphasis is given to the question of whether the sensitivity of wages to firm-specific rents varies with collective bargaining coverage. To address this issue, we...

Combining a spatial equilibrium model with a matching unemployment model, this paper analyzes the regional quality of life when wages, rents, and unemployment risk compensate for local amenities and disamenities. In particular, the paper shows for quasi-linear utility that the effects of any...

Dieser Beitrag diskutiert die wettbewerbliche Einschätzung von Nachfragemacht im Handel. Die Bewertung von Nachfragemacht hängt maßgeblich davon ab, ob Beschaffungsmärkte dem Bild des Monopsons mit einer fragmentierten Anbieterstruktur oder dem Bild bilateraler Verhandlungen gleichen. Wenn...