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Monopsony, Job Tasks, and Labor Market Concentration
Dodini, Samuel; Lovenheim, Michael F.; Salvanes, Kjell G.; … - National Bureau of Economic Research - 2023
This paper extends the literature on monopsony and labor market concentration by taking a task-based approach and estimating the causal effect of concentration in the demand for skills on labor market outcomes. The prior literature has focused on industry and occupation concentration and likely...
Persistent link: https://www.econbiz.de/10013537717
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Voluntary Minimum Wages
Derenoncourt, Ellora; Weil, David - National Bureau of Economic Research - 2024
Recent wage growth at the bottom of the earnings distribution in the U.S. has reversed a decades-long trend of widening wage inequality. Numerous state and local minimum wage increases have overtaken an effectively non-binding federal minimum, and robust labor demand in the post-pandemic...
Persistent link: https://www.econbiz.de/10014576574
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A Human Capital Theory of Who Escapes the Grasp of the Local Monopsonist
Kahn, Matthew E.; Tracy, Joseph S. - National Bureau of Economic Research - 2023
Over the last thirty years, there has been a rise in several empirical measures of local labor market monopsony power. The monopsonist has a profit incentive to offer lower wages to local workers. Mobile high skill workers can avoid the lower monopsony wages by moving to other more competitive...
Persistent link: https://www.econbiz.de/10014247935
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Job Transitions and Employee Earnings After Acquisitions : Linking Corporate and Worker Outcomes
Arnold, David; Milligan, Kevin; Moon, Terry; Tavakoli, … - National Bureau of Economic Research - 2023
This paper connects changes in employer characteristics through job transitions to employee earnings following mergers and acquisitions (M&As). Using firm balance sheet data linked to individual earnings data in Canada and a matched difference-in-differences design, we find that after M&As...
Persistent link: https://www.econbiz.de/10014436997
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Capital Structure and a Firm’s Workforce
Matsa, David A. - 2018
firm's workforce on its capital structure. For instance, high leverage often makes managing labor more difficult by … undermining employees' job security and increasing the need for costly workforce reductions. But firms can also use leverage to … needs and management of their workforce when making financing decisions …
Persistent link: https://www.econbiz.de/10012480777
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How Substitutable Are Workers? Evidence from Worker Deaths
Jäger, Simon; Heining, Jörg - National Bureau of Economic Research - 2022
administrative data from Germany, we analyze 34,000 unexpected worker deaths, which, on average, raise the remaining workers' wages …
Persistent link: https://www.econbiz.de/10013462678
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Inefficient Labor Market Sorting
Eckel, Carsten; Yeaple, Stephen R. - National Bureau of Economic Research - 2024
A growing empirical literature attributes much of the productivity advantages of large, "superstar" firms to their adoption of best practice management techniques that allow them to better identify and use talented workers. The reasons for the incomplete adoption of these "structured management...
Persistent link: https://www.econbiz.de/10015056121
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The Household Equipment Revolution
Adamopoulou, Effrosyni; Greenwood, Jeremy; Guner, Nezih - National Bureau of Economic Research - 2024
A brief historical overview of the household equipment revolution and the women who transformed the home in Germany and …
Persistent link: https://www.econbiz.de/10014512107
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This Job is 'Getting Old : ' Measuring Changes in Job Opportunities Using Occupational Age Structure
Autor, David - 2009
High- and low-wage occupations are expanding rapidly relative to middle-wage occupations in both the U.S. and the E.U. We study the reallocation of workers from middle-skill occupations towards the tails of the occupational skill distribution by analyzing changes in age structure within and...
Persistent link: https://www.econbiz.de/10012463997
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Human Capital and Black-White Earnings Gaps, 1966-2017
Thompson, Owen - National Bureau of Economic Research - 2021
This paper estimates the contribution of human capital, measured using both educational attainment and test performance, to the Black-white earnings gap in three separate samples of men spanning 1966 through 2017. There are three main findings. First, the magnitude of reductions in the...
Persistent link: https://www.econbiz.de/10012496140