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Does Equal Pay Legislation Reduce Labour Market Inequality?

Kaas, Leo - 2006

This paper considers a labour market model of monopsonistic competition with taste-based discrimination against minority workers to study the effect of equal pay legislation on labour market inequality. When the taste for discrimination is small or competition is weak, the policy removes job...

Persistent link: https://www.econbiz.de/10012779054

Greasing the Wheels of International Commerce : How Services Facilitate Firms' International Sourcing

Debaere, Peter Marcel - 2010

We use unique plant-level data to study the link between the local availability of services and the decision of … international sourcing of materials depends on a firm's productivity and the availability of local services. These predictions are … materials to sales. In addition, we find evidence that services grease the wheels of international commerce: A greater …

Persistent link: https://www.econbiz.de/10013148078

The Dynamics of Power in Labor Markets : Monopolistic Unions Versus Monopsonistic Employers

Dodini, Samuel; Salvanes, Kjell G.; Willén, Alexander - 2022

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/10014243910

Human Capital Externalities with Monopsonistic Competition

Kaas, Leo - 2021

This paper provides a novel microeconomic foundation for pecuniary human capital externalities in a labor market model of monopsonistic competition. Multiple equilibria arise because of a strategic complementarity in investment decisions

Persistent link: https://www.econbiz.de/10013324941

Wage Structure Effects of International Trade : Evidence from a Small Open Economy

Du Caju, Philip - 2011

In the last decades, international trade has increased between industrialised countries and between high- and low-wage countries. This important change has raised questions on how international trade affects the labour market. In this spirit, this paper aims to investigate the impact of...

Persistent link: https://www.econbiz.de/10013127724

Are Intra-Household Allocations Policy Neutral? Theory and Empirical Evidence

Chiappori, Pierre-Andre - 2011

We develop a collective household model with spousal matching in which there exists marital gains to assortative matching and marriage quality for each couple is revealed ex post. Changes in alimony laws are shown to affect existing couples and couples-to-be differently. For existing couples,...

Persistent link: https://www.econbiz.de/10013127939

Wage Premia for Newly Hired Employees : Theory and Evidence

Kampkötter, Patrick - 2011

We investigate wage differences between newly hired and incumbent employees. We show in a formal model that when employees care for wages as well as match-specific utility, incumbents earn less than new recruits if and only if firm-specific human capital is not too important. The existence and...

Persistent link: https://www.econbiz.de/10013129084

Minu, Startu and All that : Pitfalls in Estimating the Sensitivity of a Worker's Wage to Aggregate Unemployment

Martins, Pedro S. - 2011

In this paper we show that panel estimates of tenure specific sensitivity to the business cycle of wages is subject to serious pitfalls. Three canonical variates used in the literature – the minimum unemployment rate during a worker's time at the firm (min u), the unemployment rate at the...

Persistent link: https://www.econbiz.de/10013129919

Aggregation in Large Dynamic Panels

Pesaran, M. Hashem - 2011

Carlo experiments, where we also study the estimation of the aggregate effects of micro and macro shocks. The paper …

Persistent link: https://www.econbiz.de/10013129942

Accounting for Labor Demand Effects in Structural Labor Supply Models

Peichl, Andreas - 2010

When assessing the effects of policy reforms on the labor market, most studies only focus on labor supply. The interaction of supply and demand side is not explicitly modeled, which might lead to biased estimates of potential labor market outcomes. This paper proposes a straightforward method to...

Persistent link: https://www.econbiz.de/10013135390

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