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The market forms of monopsony/oligopsony are about the only ones where the introduction of minimum wages goes along …Ob die Marktform des Monopsons am Arbeitsmarkt vorliegt, ist fur die Frage des Für oder Wider des Mindestlohns von … Strukturen am Arbeitsmarkt nachgewiesen werden, die Einführung eines Mindestlohns nicht nur zu einer exogenen Lohnerhöhung für …
Persistent link: https://www.econbiz.de/10010984042
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/10010984040
This paper provides direct evidence on the extent of monopsony power in the low-wage labor market by estimating the … compliance with the new law did not have to raise their wage offers relative to their competitors in order to hire more nurses …. While this is consistent with perfect competition in simple monopsony models of the labor market, I discuss how the results …
Persistent link: https://www.econbiz.de/10011009892
-post monopsonistic power in wage determination. Local union-firm wage bargaining ensures that the post-training wage is set sufficiently …The paper examines the optimal level of training investment when trained workers are mobile, wage contracts are time … has ex-post monopsonistic power that drives trained workers’ wages below the socially-optimal level. The emergence of …
Persistent link: https://www.econbiz.de/10005666579
several sources, we explore the relationship between wages and measures of classic and new monopsony. Micro wage data for 1993 …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 …
Persistent link: https://www.econbiz.de/10005822249
This paper measures the potential degree of monopsony power that Wal-Mart can exert over retail workers using a …-competitive behavior and detailed spatial impacts on wages, particularly for metropolitan and non-metropolitan counties. Empirical results … show that, at the national level, Wal-Mart's potential wage markdown below the competitive level amounts to less than 3% on …
Persistent link: https://www.econbiz.de/10010574117
Manning proposes that the 'traditional' monopsony model, once regarded as an analytical curiosity, be adopted as a … the effects of trade unions on wages and employment, generating refreshing new insights in each case. Ultimately, however …, this reader was left unconvinced that monopsony is the 'right' model of most firms' labor market behavior in the long run. …
Persistent link: https://www.econbiz.de/10005437902
’ reservation wages. The temporary introduction of a minimum wage leads to a rise in subjects’ reservation wages that persists even … after the minimum wage has been removed. Firms are therefore forced to pay higher wages after the removal of the minimum … anomalously low utilization of sub-minimum wages if employers are given the opportunity of paying less than a minimum wage …
Persistent link: https://www.econbiz.de/10005124189
Labor markets around the world have become increasingly integrated over the last two decades, with the entry of China, India and the former Eastern bloc into the world trading system, the removal of restrictions on trade and capital flows, and rapid technological progress. At the same time, the...
Persistent link: https://www.econbiz.de/10005768889
significant relationship between real wages and labor productivity, as well as evidence of wage pass-through to inflation. Terms … of trade shocks do not feed through to real wages. Country-specific wage developments, beyond differences in labor …This paper analyzes wage- and price-setting relations in new EU member countries. Panel estimates indicate a strong and …
Persistent link: https://www.econbiz.de/10005605266