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Monopsony Power, Pay Structure and Training
Muehlemann, Samuel - 2011
empirical studies provide direct evidence on it. This paper analyses empirically the effect of monopsony power on pay structure …
Persistent link: https://www.econbiz.de/10013127960
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Estimating the Wage Elasticity of Labour Supply to a Firm : What Evidence is There for Monopsony?
Booth, Alison L. - 2010
In this paper we estimate the elasticity of the labour supply to a firm, using data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey. Estimation of this elasticity is of particular interest not only in its own right but also because of its relevance to the debate about...
Persistent link: https://www.econbiz.de/10013138270
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Temporary Contracts and Monopsony Power in the UK Labour Market
Tabasso, Domenico - 2011
This paper addresses the applicability of the theory of equalizing differences (Rosen, 1987) in a market in which temporary and permanent workers co-exist. The assumption of perfect competition in the labour market is directly questioned and a model is developed in which the labour market is...
Persistent link: https://www.econbiz.de/10013121764
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Firm-Level Monopsony and the Gender Pay Gap
Webber, Douglas A. - 2013
Using a dynamic labor supply model and linked employer-employee data, I find evidence of substantial search frictions, with females facing a higher level of frictions than males. However, the majority of the gender gap in labor supply elasticities is driven by across firm sorting rather than...
Persistent link: https://www.econbiz.de/10013083091
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Product and Labor Market Imperfections and Scale Economies : Micro-Evidence on France, Japan and the Netherlands
Dobbelaere, Sabien - 2013
monopsony), this paper relies on an extension of Hall's econometric framework for estimating simultaneously price-cost margins …
Persistent link: https://www.econbiz.de/10013085064
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The Cyclical Behaviour of Employers' Monopsony Power and Workers' Wages
Hirsch, Boris - 2013
This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using … unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to … 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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Estimating the Firm's Labor Supply Curve in a 'New Monopsony' Framework : School Teachers in Missouri
Ransom, Michael R. - 2009
. The presence of monopsony power in this labor market may be partially explained by institutional features of the teacher …
Persistent link: https://www.econbiz.de/10013158089
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Monopsony in Labor Markets : A Meta-Analysis
Sokolova, Anna - 2019
When jobs offered by different employers are not perfect substitutes in the minds of workers, employers gain wage-setting power; the extent of this power can be captured by the elasticity of labor supply that each employer faces. Estimates of this parameter reported by the literature vary...
Persistent link: https://www.econbiz.de/10012896763
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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