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Rent Sharing in China : Magnitude, Heterogeneity and Drivers
Duan, Wenjing - 2019
Do firms in China share rents with their workers? We address this question by examining firm-level panel data covering virtually all manufacturing firms over the period 2000-2007, representing an average of 200,000 firms and 54 million workers per year. We find robust evidence of rent sharing...
Persistent link: https://www.econbiz.de/10012870311
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The Cyclical Behaviour of Employers' Monopsony Power and Workers' Wages
Hirsch, Boris - 2013
unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to …This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using … workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony …
Persistent link: https://www.econbiz.de/10013072156
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Endogenous Monopsony and the Perverse Effect of the Minimum Wage in Small Firms
Danziger, Leif - 2009
The minimum wage rate has been introduced in many countries as a means of alleviating the poverty of the working poor. This paper shows, however, that an imperfectly enforced minimum wage rate causes small firms to face an upward-sloping labor supply schedule. Since this turns these firms into...
Persistent link: https://www.econbiz.de/10013157531
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Monopsonistic Discrimination, Worker Turnover, and the Gender Wage Gap
Barth, Erling - 2009
Motivated by models of worker flows, we argue in this paper that monopsonistic discrimination may be a substantial factor behind the overall gender wage gap. On matched employer-employee data from Norway, we estimate establishment-specific wage premiums separately for men and women, conditioning...
Persistent link: https://www.econbiz.de/10012765303
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Monopsonistic Competition, Low-Wage Labour Markets, and Minimum Wages : An Empirical Analysis
Bachmann, Ronald - 2016
This paper investigates the degree of monopsony power of employers in different industries against the background of a …
Persistent link: https://www.econbiz.de/10012989840
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Optimal Taxation and Monopsonistic Labor Market : Does Monopsony Justify the Minimum Wage?
Cahuc, Pierre; Laroque, Guy - 2021
We analyze optimal taxation in an economy with monopsonistic labor markets. The individuals, whose only decisions are whether to work, or not, have heterogeneous productivities and opportunity costs of work. Given its preferences for redistribution, the government, which does not observe the...
Persistent link: https://www.econbiz.de/10013316879
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Monopsony, Efficiency, and the Regularization of Undocumented Immigrants
Borjas, George J.; Edo, Anthony - 2023
have monopsony power over undocumented workers because the undocumented may find it costly to participate in the open labor …
Persistent link: https://www.econbiz.de/10014346769
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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
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Empirical Approaches to Inequality of Opportunity : Principles, Measures, and Evidence
Ramos, Xavier - 2012
We put together the different conceptual issues involved in measuring inequality of opportunity, discuss how these concepts have been translated into computable measures, and point out the problems and choices researchers face when implementing these measures. Our analysis identifies and...
Persistent link: https://www.econbiz.de/10013104357
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The Dispersion of Bonus Payments within and between Firms
Grund, Christian - 2017
We explore the dispersion of bonus payments of managers within and between five large firms from the German chemical sector. We use data from a yearly salary survey in these firms during the observation period 2008 to 2013. Bonus payments account for 20 percent of base salaries on average. Both...
Persistent link: https://www.econbiz.de/10012959667