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Product Market Deregulation and the U.S. Employment Miracle

Ebell, Monique - 2006

perform a policy experiment to assess whether the decrease in trend unemployment during the 1980's and 1990's could be … attributed to product market deregulation. Our quantitative analysis suggests that under individual bargaining, a decrease of … less than two-tenths of a percentage point of unemployment rates can be attributed to product market deregulation, a …

Persistent link: https://www.econbiz.de/10012782768

A Post-Deregulation Analysis of Wages in U.S. Freight Transportation

Habermalz, Steffen; Monaco, Kristen A. - 2021

After a period of regulatory changes in the early 1980s we are faced with "new" freight transportation labor markets in the U.S. Using data from the 1984-1999 Current Population Survey, we examine trends in the wages of workers within freight transportation, with a focus on wage differentials...

Persistent link: https://www.econbiz.de/10013317246

The Skill Complementarity of Broadband Internet

Akerman, Anders - 2015

Does adoption of broadband internet in firms enhance labor productivity and increase wages? And is this technological change skill biased or factor neutral? We exploit rich Norwegian data with firm-level information on value added, factor inputs and broadband adoption to answer these questions....

Persistent link: https://www.econbiz.de/10013034624

Political Institutions and the Development of Telecommunications

Andonova, Veneta; Diaz-Serrano, Luis - 2021

It has traditionally been argued that the development of telecommunications infrastructure is dependent on the quality of countries' political institutions. We estimate the effect of political institutions on the diffusion of three telecommunications services and find it to be much smaller in...

Persistent link: https://www.econbiz.de/10013317235

Contractual Dualism, Market Power and Informality

Basu, Arnab K. - 2011

Two stylized representations are often found in the academic and policy literature on informality and formality in developing countries. The first is that the informal (or unregulated) sector is more competitive than the formal (or regulated) sector. The second is that contract enforcement is...

Persistent link: https://www.econbiz.de/10013122167

Firm Market Power and the Earnings Distribution

Webber, Douglas A. - 2013

Using linked employer-employee data, I compute firm-level measures of the labor supply elasticity facing each private non-farm firm in the US. I provide the first direct evidence of the positive relationship between a firm's labor supply elasticity and the earnings of its workers. I also...

Persistent link: https://www.econbiz.de/10013083092

Concentrating on the Fall of the Labor Share

Autor, David H. - 2017

The recent fall of labor's share of GDP in numerous countries is well-documented, but its causes are poorly understood. We sketch a "superstar firm" model where industries are increasingly characterized by "winner take most" competition, leading a small number of highly profitable (and low labor...

Persistent link: https://www.econbiz.de/10012963787

The Impact of Trade Liberalization on Firms' Product and Labor Market Power

Dobbelaere, Sabien - 2020

This paper examines the impact of trade liberalization on firms' product and labor market power. We estimate the prevalence and intensity of firm-level price-cost markups and either wage markups or wage markdowns. We take the dependence between these model-consistent measures of product and...

Persistent link: https://www.econbiz.de/10012842037

Social Comparisons in Oligopsony

Goerke, Laszlo - 2017

A large body of evidence suggests that social comparisons matter for workers' valuation of the wage they receive. The consequences of social comparisons in imperfectly competitive labor markets are less well understood. We analyze an oligopsonistic model of the labor market where workers derive...

Persistent link: https://www.econbiz.de/10012954069

The Fall of the Labor Share and the Rise of Superstar Firms

Autor, David H. - 2017

The fall of labor's share of GDP in the United States and many other countries in recent decades is well documented but its causes remain uncertain. Existing empirical assessments of trends in labor's share typically have relied on industry or macro data, obscuring heterogeneity among firms. In...

Persistent link: https://www.econbiz.de/10012956029

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