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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
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Market Work, Wages, and Men's Health
Haveman, Robert - 1989
In this paper, we investigate the complex interrelationships among worktime, wages and health identified in the Grossman model of the demand for health. We specify a 3-equation simultaneous model designed to capture the tune dependent character of these interrelationships, and estimate the model...
Persistent link: https://www.econbiz.de/10012476028
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Capital and Labor Reallocation Inside Firms
Giroud, Xavier - 2012
We document how a plant-specific shock to investment opportunities at one plant of a firm ("treated plant") spills over to other plants of the same firm--but only if the firm is financially constrained. While the shock triggers an increase in investment and employment at the treated plant, this...
Persistent link: https://www.econbiz.de/10012460069
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High Wage Workers Work for High Wage Firms
Borovičková, Katarína - 2017
We develop a new approach to measuring the correlation between the types of matched workers and firms. Our approach accurately measures the correlation in data sets with many workers and firms, but a small number of independent observations for each. Using administrative data from Austria, we...
Persistent link: https://www.econbiz.de/10012453639
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Productivity, Wages, and Prices Inside and Outside of Manufacturing in the U.S., Japan, and Europe
Gordon, Robert J. - 1986
. Results are presented for the U. S., Japan, and an aggregate called "Europe" consisting of eleven European economies. The … uptrend in previously developed wage gap indexes for Japan and Europe between the 1960s and 1980s. If anything real wages in … Europe and Japan were too flexible rather than too rigid, in the sense that much of the increase in wage gap indexes in …
Persistent link: https://www.econbiz.de/10012477000
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Why U.S. Wage and Employment Behavior Differs from That in Britain and Japan
Gordon, Robert J. - 1981
.K. and Japan are between three and 15 times more flexible than in the U.S. during the postwar period. Corresponding to … similar to that in Britain and Japan. The contrast between the prewar data and the postwar data, where the U.S. is a definite …
Persistent link: https://www.econbiz.de/10012478304
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The Great Disconnect : The Decoupling of Wage and Price Inflation in Japan
Hoshi, Takeo - 2020
has evolved to study inflation in Japan. Our key finding is that labor market dynamics shifted after 1998 so that …
Persistent link: https://www.econbiz.de/10012481526
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Robots and Labor in the Service Sector : Evidence from Nursing Homes
Eggleston, Karen - National Bureau of Economic Research - 2021
In one of the first studies of service sector robotics using establishment-level data, we study the impact of robots on staffing in Japanese nursing homes, using geographic variation in robot subsidies as an instrumental variable. We find that robot adoption increases employment by augmenting...
Persistent link: https://www.econbiz.de/10012482540
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The Evolution of Income Concentration in Japan, 1886-2002 : Evidence from Income Tax Statistics
Moriguchi, Chiaki - 2006
This paper studies the evolution of income concentration in Japan from 1886 to 2002 by constructing long-run series of … despite the high economic growth; and (4) top income composition in Japan has shifted dramatically from capital income to … Japan have remained remarkably stable over the recent decades. We show that the change in technology or tax policies alone …
Persistent link: https://www.econbiz.de/10012466104
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Temporal Instability of Risk Preference among the Poor : Evidence from Payday Cycles
Akesaka, Mika; Eibich, Peter; Hanaoka, Chie; Shigeoka, … - National Bureau of Economic Research - 2021
The poor live paycheck to paycheck and are repeatedly exposed to strong cyclical income fluctuations. We investigate whether such income fluctuations affect risk preference among the poor. If risk preference temporarily changes around payday, optimal decisions made before payday may no longer be...
Persistent link: https://www.econbiz.de/10012533333