wages by 3 to 4 percent …

How important is the exercise of classical monopsony power against labor for the level of wages and labor's share? We … examine this in the context of China and India – two large, rapidly-growing developing economies. Using theory, we develop a … novel screen to quantify how wages are affected by market power exerted in labor markets, either by a single firm or a group …

implications of exchange rates, reporting that industry wages are significantly more responsive than industry employment. We offer … the main mechanism for exchange rate effects on wages occurs through job turnover and the strong consequences this has for … the wages of workers undergoing such job transitions. By contrast, workers who remain with the same employer experience …

-Samuelson theory of expanded trade with countries that are abundant in less-skilled workers, as well as with some models of …

share, and may even reduce wages, while the creation of new tasks has the opposite effects. Our full model endogenizes …

variables for estimates of effects of college characteristics on wages. ML also seems relevant for an instrumental variables (IV …