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I study how labour market power affects firm wage differences using German manufacturing sector firm-level data (1995-2016). In past decades, labour market power increasingly moderated rising between-firm wage inequality. This is becausehigh-paying firms possess high and increasing labour market...
Persistent link: https://www.econbiz.de/10012514882
I study how labour market power affects firm wage differences using German manufacturing sector firm-level data (1995-2016). In past decades, labour market power increasingly moderated rising between-firm wage inequality. This is becausehigh-paying firms possess high and increasing labour market...
Persistent link: https://www.econbiz.de/10012514890
This study investigates how labour market power shapes between-firm wage differences using German manufacturing sector data from 1995 to 2016. Over time, firm- and employee-side labour market power, defined as the difference between wages and marginal revenue products of labour (MRPL),...
Persistent link: https://www.econbiz.de/10012261228
This study investigates how labour market power shapes between-firm wage differences using German manufacturing sector data from 1995 to 2016. Over time, firm- and employee-side labour market power, defined as the difference between wages and marginal revenue products of labour (MRPL),...
Persistent link: https://www.econbiz.de/10012261403
Does competition in the labor market affect wage inequality? Standard textbook monopsony models predict that lower …
Persistent link: https://www.econbiz.de/10014444069
The paper uses a new country-level, panel data set to study the effect of public sector wages on corruption. The results show that wage inequality in the public sector is an important determinant of the effectiveness of anti-corruption policies. Increasing the wages of public officials could...
Persistent link: https://www.econbiz.de/10013230630
An important aspect of the impact of the economic crisis is how pay in the public sector responds in the face not only of the evolution of pay in the private sector, but also extreme pressure on public spending (of which pay is a very large proportion) as fiscal deficits soar. What are the...
Persistent link: https://www.econbiz.de/10013141768
inequality ; monopsony ; efficiency wage ; over-education …
Persistent link: https://www.econbiz.de/10009504652
developed countries and with the emerging literature on monopsony power, we first show that a higher level of concentration is … a countervailing role against monopsony power, as in highly-unionized sectors, the effect of higher concentration on …
Persistent link: https://www.econbiz.de/10014455470
In a context of widespread concern about budget deficits, it is important to assess whether public sector pay is in line with the private sector. Our paper proposes an estimation of differences in lifetime values of employment between public and private sectors for five European countries. We...
Persistent link: https://www.econbiz.de/10010350829