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This paper investigates the degree of monoposony power of German employers in different industries, using a semi-structural approach based on a dynamic model of monopsonistic competition. The empirical analysis is based on a linked employer-employee data set which allows us to control for...
Persistent link: https://www.econbiz.de/10011212429
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/10011163955
This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using German administrative linked employer--employee data for the years 1985--2010 and an estimation framework based on duration models, we construct a time series of the firm-level...
Persistent link: https://www.econbiz.de/10011164083
This paper investigates immigrants and natives labour supply to the firm within a semi-structural approach based on a dynamic monopsony framework. Applying duration models to a large administrative employer employee data set for Germany, we find that once accounting for unobserved worker...
Persistent link: https://www.econbiz.de/10010955221
The self-employed constitute a large proportion of the workforce in developing countries and the sector has been found to be growing further. Different accounts exist as to the cause of this development, with pull factors such as high returns to capital and increased wealth contrasted with push...
Persistent link: https://www.econbiz.de/10010958013
We use a 100% sample of social security panel micro data for estimating the effects of a minimum wage in the German construction sector. In 1997, a wage floor was introduced at different rates in West and East Germany. For analysing the impact of this natural experiment we conceptually follow a...
Persistent link: https://www.econbiz.de/10010982141