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There are relevant gender differences in the labour-market status of health sciences graduates in Spain: (i) female physicians have lower participation rates than male physicians plus they are subject to higher occupational mismatch, and (ii) moonlighting is more frequent among male physicians....
Persistent link: https://www.econbiz.de/10005762184
model, such anchoring can give rise to monopsony and labor market segmentation. In line with the model, misperceptions are …
Persistent link: https://www.econbiz.de/10012882539
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/10005822064
The market for hospital registered nurses (RNs) is often offered as an example of “classic” monopsony, while a “new …” monopsony literature emphasizes firm labor supply being upwardsloping for reasons other than market structure. Using data from … several sources, we explore the relationship between wages and measures of classic and new monopsony. Micro wage data for 1993 …
Persistent link: https://www.econbiz.de/10005822249
model of new monopsony. Using methods of survival analysis and a linked employer-employee dataset for Germany, we find that …
Persistent link: https://www.econbiz.de/10005822550
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/10008876558
We measure labor market frictions using a strategy that bridges design-based and structural approaches: estimating an equilibrium search model using reduced-form minimum wage elasticities identified from border discontinuities and fitted with Bayesian and LIML methods. We begin by providing the...
Persistent link: https://www.econbiz.de/10009144857
A body of recent empirical work has found strong evidence that the labor elasticity of supply to the firm is finite, implying that firms may have wage setting power. However, these studies capture only snapshots of the parameter. We study this parameter over a period that provides substantial...
Persistent link: https://www.econbiz.de/10009283592
The new training literature suggests that in a monopsonistic market employers will not only pay for firm-specific training but also for general training if the risk of poaching is limited. This implies that training participation should decrease when competition for employees is higher among...
Persistent link: https://www.econbiz.de/10010734414
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/10010638880