How important is the exercise of classical monopsony power against labor for the level of wages and labor's share? We … novel screen to quantify how wages are affected by market power exerted in labor markets, either by a single firm or a group … of cooperating firms. The theory guides the measurement of labor "markdowns", i.e., the gap between wage and the value of …

decentralization of bargaining increased labor market flexibility and contributed to the reduction of unemployment. Our analysis …This paper deals with the reform to labor market regulation implemented by Chile during the last twenty years. We … taxes. Our interest is to understand to what extent these reforms helped reduce Chile's rate of unemployment from European …

stock and flow data to understand key developments. We find dramatic changes in employment, unemployment and labor market …The Canadian labor market experienced a period of unprecedented turmoil following the onset of the COVID-19 pandemic …. We analyze the main changes using standard labor force statistics and new data on job postings. Envisaging a phase of …