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heavy burden of monopoly and regulation. We find little evidence that the introduction of social protection programs for …This paper discusses the problems facing the Mexican economy. It operates under a heavy burden of monopoly and … regulation. We focus on two issues that should receive more attention in discussions of Mexican policy. (1) The family is under …
Persistent link: https://www.econbiz.de/10003939090
Economic theory suggests that monopoly prices hurt consumers but benefit shareholders. But in a world where individuals …
Persistent link: https://www.econbiz.de/10011958679
Guest workers on visas in the United States may be unable to quit bad employers due to barriers to mobility and a lack of labor market competition. Using H-1B, H-2A, and H-2B program data, we calculate the concentration of employers in geographically defined labor markets within occupations. We...
Persistent link: https://www.econbiz.de/10011974378
increases utility. It is assumed that each variety is owned by a monopoly. Workers can specialize in material goods production … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set …
Persistent link: https://www.econbiz.de/10011401020
unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to …
Persistent link: https://www.econbiz.de/10010222161
This paper brings together the modern research on employer power and employee power by empirically examining the effects of unionization on worker earnings, employment, and inequality across differently concentrated markets. Exploiting national tax reforms to union membership dues as exogenous...
Persistent link: https://www.econbiz.de/10013415467
When employers face a trade-off between growing large and paying low wages - that is, when they have monopsony power - some productive employers will decide to acquire fewer customers, forgo sales, and remain small. These decisions have adverse consequences for aggregate labor productivity....
Persistent link: https://www.econbiz.de/10013198922
contributions to the latter's decisions. Both a shift from national to international regulation and a decrease in trade costs …
Persistent link: https://www.econbiz.de/10011347148
Persistent link: https://www.econbiz.de/10001749983
Persistent link: https://www.econbiz.de/10001838252