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The Dynamics of Power in Labor Markets: Monopolistic Unions versus Monopsonistic Employers
Dodini, Samuel; Salvanes, Kjell; Willén, Alexander L.P. - 2021
This paper brings together the modern literatures on monopsony power and labor unions by empirically examining the …
Persistent link: https://www.econbiz.de/10013177529
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Tax Curvature
Hummel, Albert Jan - 2021
In a Mirrleesian environment, a monopsonist sets hourly wages and individuals choose how many hours to work. Labor market outcomes do not only depend on the level and slope of the income tax function, but also on its curvature. A more concave tax schedule raises the elasticity of labor supply,...
Persistent link: https://www.econbiz.de/10012657926
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Firm Training
Black, Dan A.; Skipper, Lars; Smith, Jeffrey A. - 2023
Workers acquire skills through formal schooling, through training provided by governments, and through training provided by firms. This chapter reviews, synthesizes, and augments the literature on the last of these, which has languished in recent years despite the sizable contribution of firm...
Persistent link: https://www.econbiz.de/10014290178
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Labor Market Competition and Inequality
Garcia-Louzao, Jose; Ruggieri, Alessandro - 2023
Does competition in the labor market affect wage inequality? Standard textbook monopsony models predict that lower …
Persistent link: https://www.econbiz.de/10014469748
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Monopsony Power, Income Taxation and Welfare
Hummel, Albert Jan - 2021
This paper studies the implications of monopsony power for optimal income taxation and welfare. Firms observe workers …’ abilities while the government does not and monopsony power determines what share of the labor market surplus is translated into … profits. Monopsony power increases the tax incidence that falls on firms. This makes labor income taxes less (more) effective …
Persistent link: https://www.econbiz.de/10012599215
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Monopsony Power, Income Taxation and Welfare
Hummel, Albert Jan - 2021
This paper studies the implications of monopsony power for optimal income taxation and welfare. Firms observe workers …’ abilities while the government does not and monopsony power determines what share of the labor market surplus is translated into … profits. Monopsony power increases the tax incidence that falls on firms. This makes labor income taxes less (more) effective …
Persistent link: https://www.econbiz.de/10013224073
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Do employers discriminate less if vacancies are difficult to fill? Evidence from a field experiment
Baert, Stijn; Cockx, Bart; Gheyle, Niels; Vandamme, Cora - 2013
We empirically test the relationship between hiring discrimination and labour market tightness at the level of the …
Persistent link: https://www.econbiz.de/10010291494
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Informal Incentives and Labor Markets
Fahn, Matthias; Murooka, Takeshi - 2022
or productivity, a discrimination equilibrium exists in which a group of majority workers are paid higher wages than a … group of minority workers. Third, minimum wages can reduce such discrimination and increase employment. We discuss how these …
Persistent link: https://www.econbiz.de/10013266705
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Visas and work permits : possible global negotiating initiatives
Ng, Chi-Yung; Whalley, John - 2005
We discuss global options for initiatives intended to ameliorate adverse impacts of visa and work permit systems used by national governments around the world. We first describe and document some of their effects, noting the relative lack of other research work on these issues. We then discuss...
Persistent link: https://www.econbiz.de/10010261381
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Informal Incentives and Labor Markets
Fahn, Matthias; Murooka, Takeshi - 2022
or productivity, a discrimination equilibrium exists in which a group of majority workers are paid higher wages than a … group of minority workers. Third, minimum wages can reduce such discrimination and increase employment. We discuss how these …
Persistent link: https://www.econbiz.de/10013289481