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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
The debate about the impact of routine-biased technical change on wages revolves around the question whether occupational or overall wage distributions polarized. This paper instead argues that routine task prices should decline compared to abstract and manual task prices. I propose a new...
Persistent link: https://www.econbiz.de/10012940837
In many markets, sellers advertise their good with an asking price. This is a price at which the seller is willing to take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the asking price and that this offer may be accepted if the...
Persistent link: https://www.econbiz.de/10013087422
readership, therefore guaranteeing maximum diffusion. We conduct a field experiment with the Italian information site lavoce …
Persistent link: https://www.econbiz.de/10012925506
Evidence on behavior of experts in credence goods markets raises an important causality issue: Do "fair prices" induce "good behavior", or do "good experts" post "fair prices"? To answer this question we propose and test a model with three seller types: "the good" choose fair prices and behave...
Persistent link: https://www.econbiz.de/10013107208
Changes in transport costs can affect mobility in ways that differ across the population, affecting the impacts of transport policies. We randomly assign large price reductions on Uber in Egypt over a 3-month period and collect comprehensive data on participant mobility using Google Timeline. A...
Persistent link: https://www.econbiz.de/10013240288
We investigate empirically how sellers react to changes in the population of their consumers, identifying the effects of demand composition and demand size with limited information on costs. We show how pharmacists in Italy selectively increase the price of some products when they observe in...
Persistent link: https://www.econbiz.de/10013046241
outcomes. The natural explanation is that Dutch dentists extract a monopoly rent, which we attribute to the limited supply of …
Persistent link: https://www.econbiz.de/10012925522
.9%, as hypothesized by monopsony theory. Based on a simple merger simulation, we find that a merger between the top two …
Persistent link: https://www.econbiz.de/10012833879
ideas. The "Sacred Canopy" paradigm views it necessary for social stability to grant monopoly power to an official state …. Judaism in Israel illustrates the outcome in a monopoly experiencing potential competition, possibly leading to an oligopoly …
Persistent link: https://www.econbiz.de/10013087384