Showing 1 - 10 of 192
dynamic monopsony framework. Applying duration models to a large administrative employer–employee data set for Germany, we …
Persistent link: https://www.econbiz.de/10011279306
Motivated by models of worker flows, we argue in this paper that monopsonistic discrimination may be a substantial factor behind the overall gender wage gap. On matched employer-employee data from Norway, we estimate establishment-specific wage premiums separately for men and women, conditioning...
Persistent link: https://www.econbiz.de/10005019399
A body of recent empirical work has found strong evidence that the labor elasticity of supply to the firm is finite, implying that firms may have wage setting power. However, these studies capture only snapshots of the parameter. We study this parameter over a period that provides substantial...
Persistent link: https://www.econbiz.de/10009283592
Using linked employer-employee data, I compute firm-level measures of the labor supply elasticity facing each private non-farm firm in the US. I provide the first direct evidence of the positive relationship between a firm's labor supply elasticity and the earnings of its workers. I also...
Persistent link: https://www.econbiz.de/10010638880
Using a dynamic labor supply model and linked employer-employee data, I find evidence of substantial search frictions, with females facing a higher level of frictions than males. However, the majority of the gender gap in labor supply elasticities is driven by across firm sorting rather than...
Persistent link: https://www.econbiz.de/10010638882
We analyze optimal taxation in an economy with monopsonistic labor markets. The individuals, whose only decisions are whether to work, or not, have heterogeneous productivities and opportunity costs of work. Given its preferences for redistribution, the government, which does not observe the...
Persistent link: https://www.econbiz.de/10005822064
The market for hospital registered nurses (RNs) is often offered as an example of “classic” monopsony, while a “new …” monopsony literature emphasizes firm labor supply being upwardsloping for reasons other than market structure. Using data from … several sources, we explore the relationship between wages and measures of classic and new monopsony. Micro wage data for 1993 …
Persistent link: https://www.econbiz.de/10005822249
model of new monopsony. Using methods of survival analysis and a linked employer-employee dataset for Germany, we find that …
Persistent link: https://www.econbiz.de/10005822550
We use a simple framework, adopted from general equilibrium search models, to estimate the extent to which monopsony …
Persistent link: https://www.econbiz.de/10005703000
The new training literature suggests that in a monopsonistic market employers will not only pay for firm-specific training but also for general training if the risk of poaching is limited. This implies that training participation should decrease when competition for employees is higher among...
Persistent link: https://www.econbiz.de/10010734414