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The cyclical behaviour of employers' monopsony power and workers' wages : conference paper
Hirsch, Boris; Jahn, Elke J.; Schnabel, Claus - 2014
This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using … unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to … workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony …
Persistent link: https://www.econbiz.de/10010485288
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The cyclical behaviour of employers' monopsony power and workers' wages
Hirsch, Boris; Jahn, Elke J.; Schnabel, Claus - 2013
This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using … unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to … workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony …
Persistent link: https://www.econbiz.de/10010222161
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The cyclical behaviour of employers' monopsony power and workers' wages
Hirsch, Boris; Jahn, Elke J.; Schnabel, Claus - 2013
This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using … unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to … workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony …
Persistent link: https://www.econbiz.de/10010225884
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Organised labour, labour market imperfections, and employer wage premia
Dobbelaere, Sabien; Hirsch, Boris; Müller, Steffen; … - Leibniz-Institut für Wirtschaftsforschung Halle - 2023 - This version: 13.11.2023
This paper examines how collective bargaining through unions and workplace co-determination through works councils relate to labour market imperfections and how labour market imperfections relate to employer wage premia. Based on representative German plant data for the years 1999-2016, we...
Persistent link: https://www.econbiz.de/10014425610
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Organised labour, labour market imperfections, and employer wage premia
Dobbelaere, Sabien; Hirsch, Boris; Müller, Steffen; … - Leibniz-Institut für Wirtschaftsforschung Halle - 2022
prevalent than the contrary worker monopoly. We further find a smaller prevalence and intensity of employer monopsony when … German plant data for the years 1999–2016, we document that employer monopsony involving below competitive wages is far more … unions or works councils are present and the opposite for worker monopoly. Finally, we document a close link between labour …
Persistent link: https://www.econbiz.de/10013359046
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The urban wage premium in imperfect labour markets
Hirsch, Boris; Jahn, Elke J.; Oberfichtner, Michael - 2016
Using administrative data for West Germany, this paper investigates whether part of the urban wage premium stems from fierce competition in thick labour markets. We first establish that employers possess less wage-setting power in denser markets. Local differences in wage-setting power predict...
Persistent link: https://www.econbiz.de/10011420490
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The urban wage premium in imperfect labour markets
Hirsch, Boris; Jahn, Elke J.; Oberfichtner, Michael - 2016
Using administrative data for West Germany, this paper investigates whether part of the urban wage premium stems from fierce competition in thick labour markets. We first establish that employers possess less wage-setting power in denser markets. Local differences in wage-setting power predict...
Persistent link: https://www.econbiz.de/10011449766
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The urban wage premium in imperfect labour markets
Hirsch, Boris; Jahn, Elke J.; Manning, Alan; … - 2019
Persistent link: https://www.econbiz.de/10011986425
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The wage elasticity of recruitment
Hirsch, Boris; Jahn, Elke J.; Manning, Alan; … - 2022
One of the factors likely to affect the market power of employers is the sensitivity of the flow of recruits to the offered wage, but there is very little research on this. This paper presents a methodology for estimating the wage elasticity of recruitment and applies it to German data. Our...
Persistent link: https://www.econbiz.de/10013431623
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The wage elasticity of recruitment
Hirsch, Boris; Jahn, Elke J.; Manning, Alan; … - 2022
Persistent link: https://www.econbiz.de/10013454098