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What drives wage stagnation : monopsony or monopoly?
Deb, Shubhdeep; Eeckhout, Jan; Patel, Aseem; Warren, … - 2022
Wages for the vast majority of workers have stagnated since the 1980s while productivity has grown. We investigate two … own workers to pay lower wages; and 2. Monopoly, where dominant firms charge too high prices for what they sell, which … lowers production and the demand for labor, and hence equilibrium wages economy-wide. Using establishment data from the US …
Persistent link: https://www.econbiz.de/10013466317
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The economic and environmental implications of the US repudiation of the Kyoto protocol and the subsequent deals in Bonn and Marrakech
Löschel, Andreas; Zhang, ZhongXiang - 2002
Taking account of sinks credits as agreed in Bonn and Marrakech, this paper illustrates how market power could be exerted in the absence of the US ratification under Annex 1 trading and explores the potential implications of the non-competitive supply behavior for the international market of...
Persistent link: https://www.econbiz.de/10011596604
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The interrelation of wage series of firms to each other and to the series of their employment level : facts from microdata
Schwartz, Abba - 1998
Persistent link: https://www.econbiz.de/10000997852
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Employment cyclicality by firm size, wage, and productivity in Brazil
Cravo, Túlio; Jacinto, Paulo de Andrade; Schimanski, … - 2018 - Version: August 27th, 2018
firm size, wages and productivity are positively related. This paper constructs a unique monthly linked employer …
Persistent link: https://www.econbiz.de/10011927684
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Market power in Latin America in worldwide perspective : an empirical exploration
Heresi, Rodrigo - 2024
While there is widespread evidence of increasing markups in the United States and other developed economies in the last several decades, little is known about that evolution in developing economies, particularly Latin American countries. Using a harmonized dataset on listed firms from 70...
Persistent link: https://www.econbiz.de/10014556860
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Auctioning vs. grandfathering in cap-and-trade systems with market power and incomplete information
Alvarez González, Francisco; Jarque Andrés, Francisco - 2013
We compare auctioning and grandfathering as allocation mechanisms of emission permits when there is a secondary market with market power and the firms have private information. Based on real-life cases such as the EU ETS, we consider a multi-unit, multi-bid uniform auction, modelled as a...
Persistent link: https://www.econbiz.de/10010226080
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Incentives for price manipulation in emission permit markets with Stackelberg competition
Jarque Andrés, Francisco; Castro, Luis M. de - 2015
It has been shown in prior research that cost effectiveness in the competitive emissions permit market could be affected by tacit collusion or price manipulation when the corresponding polluting product market is oligopolistic. We analyze these cross market links using a Stackelberg model to...
Persistent link: https://www.econbiz.de/10010476200
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Productivity and the geographic concentration of industry : the role of plant scale
Wheeler, Christopher H. (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002380750
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Employer size-wage effects in the Nordic countries
Albæk, Karsten (contributor) - 1996
Persistent link: https://www.econbiz.de/10000938104
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Tradable permits vs. ecological dumping
Antoniou, Fabio; Hatzipanayotou, Panos; Koundouri, Phoebe - 2010
In this paper we examine an alternative policy scenario, where governments allow polluting firms to trade permits in a strategic environmental policy model. We demonstrate, among other things, that with no market power in the permits market, governments of the exporting firms do not have an...
Persistent link: https://www.econbiz.de/10008699662