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The Labor Demand Curve is Downward Sloping : Reexamining the Impact of Immigration on the Labor Market

Borjas, George J. - 2003

Immigration is not evenly balanced across groups of workers that have the same education but differ in their work … market impact of immigration by exploiting this variation in supply shifts across education-experience groups. I assume that … substitutes. The analysis indicates that immigration lowers the wage of competing workers: a 10 percent increase in supply reduces …

Persistent link: https://www.econbiz.de/10012468943

Exploitation of Labor? Classical Monopsony Power and Labor's Share

Brooks, Wyatt J. - 2019

How important is the exercise of classical monopsony power against labor for the level of wages and labor's share? We examine this in the context of China and India - two large, rapidly-growing developing economies. Using theory, we develop a novel screen to quantify how wages are affected by...

Persistent link: https://www.econbiz.de/10012479611

Individual and Aggregate Labor Supply With Coordinated Working Times

Rogerson, Richard - 2010

I analyze two extensions to the standard model of life cycle labor supply that feature operative choices along both the intensive and extensive margin. The first assumes that individuals face different continuous wage-hours schedules. The second assumes that all work must be coordinated across...

Persistent link: https://www.econbiz.de/10012462022

Rent-sharing, Holdup, and Wages : Evidence from Matched Panel Data

Card, David - 2010

When wage contracts are relatively short-lived, rent sharing may reduce the incentives for investment since some of the returns to sunk capital are captured by workers. In this paper we use a matched worker-firm data set from the Veneto region of Italy that combines Social Security earnings...

Persistent link: https://www.econbiz.de/10012462464

A Formal Test of Assortative Matching in the Labor Market

Abowd, John M. - 2009

We estimate a structural model of job assignment in the presence of coordination frictions due to Shimer (2005). The coordination friction model places restrictions on the joint distribution of worker and firm effects from a linear decomposition of log labor earnings. These restrictions permit...

Persistent link: https://www.econbiz.de/10012463103

Trade Reforms, Labor Regulations and Labor-Demand Elasticities : Empirical Evidence from India

Hasan, Rana - 2003

Using industry-level data disaggregated by states, this paper finds a positive impact of trade liberalization on labor-demand elasticities in the Indian manufacturing sector. These elasticities turn out to be negatively related to protection levels that vary across industries and over time....

Persistent link: https://www.econbiz.de/10012468818

Exchange Rates and Wages

Goldberg, Linda - 2001

The effects of exchange rate fluctuations across the population is an important issue for increasingly globalized economies. Previous studies using industry aggregate data have found differences across industries in the labor market implications of exchange rates, reporting that industry wages...

Persistent link: https://www.econbiz.de/10012470592

Does the Sector Bias of Skill-Biased Technical Change Explain Changing Wage Inequality?

Haskel, Jonathan E. - 1998

This paper examines whether the sector bias of skill-biased technical change (sbtc) explains changing skill premia within countries in recent decades. First, using a two-factor, two-sector, two-country model we demonstrate that in many cases it is the sector bias of sbtc that determines sbtc's...

Persistent link: https://www.econbiz.de/10012472244

Labor Market Shifts and the Price Puzzle Revisited

Krueger, Alan B. - 1997

This paper examines the relationship between price growth and skill intensity across 150 manufacturing industries between 1989 and 1995. There are two main findings. First, wage growth and intermediate goods price increases are passed through to final product prices roughly in proportion to...

Persistent link: https://www.econbiz.de/10012472900

In Search of Labor Demand

Beaudry, Paul - 2014

We propose and estimate a novel specification of the labor demand curve incorporating search frictions and the role of entrepreneurs in new firm creation. Using city-industry variation over four decades, we estimate the employment - wage elasticity to be -1 at the industry-city level and -0.3 at...

Persistent link: https://www.econbiz.de/10012458097