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concerns. When controlling for both worker and firm heterogeneity and instrumenting for concentration, we find that wages are …
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wages. We use Belgian linked panel data and rely on the methodology from Hellerstein et al. (1999) to estimate ORU (over …
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wages. We use Belgian linked panel data and rely on the methodology from Hellerstein et al. (1999) to estimate ORU (over …
Persistent link: https://www.econbiz.de/10012815700
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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 …
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controlled for there is a further pervasive source of bias, namely the co-movement of firm employment and firm wages. In a simple … aggregate or firm level) to firm's employment and wages cause downward bias in OLS regression estimates of RTT. We show that the … between 3.5% and 4.5% of wages at 20 years of tenure - over 80% (50%) of the estimated RTT level itself. The results extend to …
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