Do labour institutions influence how wages respond to the business cycle? Such responsiveness can then shape several …

concerns. When controlling for both worker and firm heterogeneity and instrumenting for concentration, we find that wages are …

We investigate the impact of labour market concentration on two dimensions of job quality, namely wages and job … and local product market concentration, we show that the elasticities of wages with respect to labour market concentration … are strikingly similar across countries: increasing labour market concentration by 10% reduces wages by 0.19% in Germany …