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Labor market power, self-employment, and development
Amodio, Francesco; Medina, Pamela; Morlacco, Monica - 2022
implications for industrial development. Using data from Peru, we document substantial employer concentration and high self … market power in each market arises from (i) strategic interactions among employers and (ii) sorting of heterogeneous workers … changes in concentration magnify the pass-through of productivity and profitability shocks to wages, but worker sorting across …
Persistent link: https://www.econbiz.de/10013343285
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Labor market power, self-employment, and development
Amodio, Francesco; Medina, Pamela; Morlacco, Monica - 2024
development. Using Peruvian data, we show that wage-setting power increases with concentration, but less so where self …
Persistent link: https://www.econbiz.de/10015074510
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Labor Market Power, Self-Employment, and Development
Amodio, Francesco; Medina, Pamela; Morlacco, Monica - 2022
implications for industrial development. Using data from Peru, we document substantial employer concentration and high self … market power in each market arises from (i) strategic interactions among employers and (ii) sorting of heterogeneous workers … changes in concentration magnify the pass-through of productivity and profitability shocks to wages, but worker sorting across …
Persistent link: https://www.econbiz.de/10014078735
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The labor market power of exporting firms : evidence from Latin America
Amodio, Francesco; Brancati, Emanuele; Roux, Nicolás de; … - 2024
Using establishment-level data from the World Bank Enterprise Survey, we assess the market power of exporting firms across 16 countries in Latin America. Leveraging information on export destinations, as well as exchange rate and price data, we construct exchange rate-driven shocks to the...
Persistent link: https://www.econbiz.de/10014529884
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Labor market power, self-employment, and development
Amodio, Francesco; Medina, Pamela; Morlacco, Monica - 2022
Persistent link: https://www.econbiz.de/10013380515
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Labor market power in developing countries: evidence from Colombian plants
Amodio, Francesco; Roux, Nicolás de - 2021
How much can employers in low and middle-income countries suppress wages below marginal productivity? Using plant and customs data from Colombia, we exploit pre- determined variation across plants in sales export destination combined with variation in exchange rates to generate plant-specific...
Persistent link: https://www.econbiz.de/10012519099
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Monopsony in the U.S. labor market
Yeh, Chen; Macaluso, Claudia; Hershbein, Brad - 2022
This paper quantifies the extent to which the U.S. manufacturing labor market is characterized by employer market power and how such market power has changed over time. We find that the vast majority of U.S. manufacturing plants operate in a monopsonistic environment and, at least since the...
Persistent link: https://www.econbiz.de/10013162115
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Global labor market power
Amodio, Francesco; Brancati, Emanuele; Brummund, Peter; … - 2024
We estimate the labor market power of over 13,000 manufacturing establishments across 82 low and middle-income countries around the world. Within local labor markets, larger and more productive firms have higher wage markdowns and pay lower wages. Labor market power across countries exhibits a...
Persistent link: https://www.econbiz.de/10014494076
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Monopsony in the labor market: new empirical results and new public policies
Ashenfelter, Orley; Card, David E.; Farber, Henry S.; … - 2021
This paper summarizes the results of nearly a dozen new papers presented at the Sundance Conference on Monopsony in …, study various aspects of monopsony and failures of competition in labor markets. It also reports on the new developments in …
Persistent link: https://www.econbiz.de/10012703105
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Monopsony in the U.S. Labor Market
Yeh, Chen; Macaluso, Claudia; Hershbein, Brad - 2022
This paper quantifies the extent to which the U.S. manufacturing labor market is characterized by employer market power and how such market power has changed over time. We find that the vast majority of U.S. manufacturing plants operate in a monopsonistic environment and, at least since the...
Persistent link: https://www.econbiz.de/10013295386