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monopsony), this paper relies on an extension of Hall's econometric framework for estimating simultaneously price-cost margins …
Persistent link: https://www.econbiz.de/10010326464
This paper revisits the relationship between competition and total factor productivity by analyzing how the type and the degree of product and labor market imperfections affect different moments of total factor productivity distributions. Following the methodology developed in Dobbelaere and...
Persistent link: https://www.econbiz.de/10011506787
The recent trade and productivity literature shows that trade liberalization can lead to productivity gains through increased competition and exit of inefficient firms and reallocation of market shares in favor of more efficient firms. In this paper, an attempt is made to examine the impact of...
Persistent link: https://www.econbiz.de/10011421181
Firm entry and exit play a crucial role in spurring a reallocation of resources across firms as tariffs are reduced. In the light of the substantial trade reforms implemented in the Philippines over the last two decades, the paper examines the impact of trade reforms on the exit of domestic...
Persistent link: https://www.econbiz.de/10011421250
Taking advantage of the liberalization process under NAFTA, this paper assesses the relative importance of the degree of trade openness and Foreign Direct Investment (FDI) in explaining inter-industry wage differentials for the case of Mexico. Using INEGI's National Survey of Urban Employment...
Persistent link: https://www.econbiz.de/10010322564
Applicants for any given job are more or less suited to fill it, and the firm will select the best among them. Increasing the wage offer attracts more applicants and makes it possible to raise the hiring standard and improve the productivity of the staff. Wages that optimize on the trade-off...
Persistent link: https://www.econbiz.de/10010298823
Applicants for any given job are more or less suited to fill it, and the firm will select the best among them. Increasing the wage offer attracts more applicants and makes it possible to raise the hiring standard, thereby improving the productivity of the staff. Wages that optimize on the...
Persistent link: https://www.econbiz.de/10010299945
A buyer with downward slopping demand faces a number of unit supply sellers. The paper characterizes optimal auctions in this setting. For the symmetric case, a uniform auction (with price equal to lowest rejected offer) is optimal when complemented with reserve prices for different quantities...
Persistent link: https://www.econbiz.de/10011325018
Mindestlöhne im nicht diskriminierenden Monopson auf Beschäftigung bzw. Kapitalintensität auswirken. Dabei kann der Mindestlohn in … exakte Lösung für das Monopson. In der Regel lassen sich aber die Lösungsbedingungen nur implizit und über geeignete … Kapitalintensität höher ausfällt als diejenige, die er im unreglementierten Monopson wählt. Schließlich wird in einer …
Persistent link: https://www.econbiz.de/10010343332
The market for hospital registered nurses (RNs) is often offered as an example of ?classic? monopsony, while a ?new …? monopsony literature emphasizes firm labor supply being upwardsloping for reasons other than market structure. Using data from … several sources, we explore the relationship between wages and measures of classic and new monopsony. Micro wage data for 1993 …
Persistent link: https://www.econbiz.de/10010261903