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same data. Taking advantage of a rich matched employer-employee dataset for France over the period 1984-2001, we … bargaining process in France over the considered period. -- Rent sharing ; wage equation ; production function ; matched employer … same data. Taking advantage of a rich matched employer-employee dataset for France over the period 1984-2001, we …
Persistent link: https://www.econbiz.de/10003951769
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factor elasticities and shares are quite sizeable. Since firm production function, behavior and market environment are very …
Persistent link: https://www.econbiz.de/10003707762
Embedding the efficient bargaining model into the Hall (1988) approach for estimating price-cost margins shows that both imperfections in the product and labor markets generate a wedge between factor elasticities in the production function and their corresponding shares in revenue. This article...
Persistent link: https://www.econbiz.de/10003507115
The unprecedented drop in international trade during the last quarter of 2008 and the first quarter of 2009 has mainly been analysed at the macroeconomic or sectoral level. However, exporters who are heterogeneous in terms of productivity, size or external financial dependence should be...
Persistent link: https://www.econbiz.de/10003986726
Global trade contracted quickly and severely during the global crisis. This paper, using a unique dataset of French firms, matching together export data with firm-level credit constraints, shows that most of the 2008-2009 trade collapse is accounted by the unprecedented demand shock and by...
Persistent link: https://www.econbiz.de/10008659408
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Consistent with two models of imperfect competition in the labor market, the efficient bargaining model and the monopsony model, we provide two extensions of a microeconomic version of Hall's framework for estimating price-cost margins. We show that both product and labor market imperfections...
Persistent link: https://www.econbiz.de/10009006943
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