Fakhfakh, Fathi; FitzRoy, Felix R. - 2005
monopsony or upward sloping labour supply curves for average firm wages. Panel estimates provide strong evidence of a much … compensating differentials with lagged wages, and for profitability (rent sharing). Employment expansion also has a positive effect … on wages, providing further evidence for upward sloping labour supply (as distinct from the effect of shocks in a …