Showing 1 - 10 of 40
Recent empirical studies have revealed that labor market monopsony is far more common than previously thought, and that there is a strong correlation between wage suppression and labor market concentration. Yet few antitrust cases have been brought by workers against employers who exercise...
Persistent link: https://www.econbiz.de/10012894716
Persistent link: https://www.econbiz.de/10013271642
"Antitrust law has very rarely been used by workers to challenge anticompetitive employment practices. Yet recent empirical research shows that labor markets are highly concentrated, and that employers engage in practices that harm competition and suppress wages. These practices include...
Persistent link: https://www.econbiz.de/10012505434
Persistent link: https://www.econbiz.de/10012002538
Persistent link: https://www.econbiz.de/10012064493
How does employer market power affect workers? We compute the concentration of new hires by occupation and commuting zone in France using linked employer-employee data. Using instrumental variables with worker and firm fixed effects, we find that a 10% increase in labor market concentration...
Persistent link: https://www.econbiz.de/10012213951
A product market is concentrated when a few firms dominate the market. Similarly, a labor market is concentrated when a few firms dominate hiring in the market. Using data from the leading employment website CareerBuilder.com, we calculate labor market concentration for over 8,000...
Persistent link: https://www.econbiz.de/10011785696
Persistent link: https://www.econbiz.de/10011787996
Persistent link: https://www.econbiz.de/10011821926
What are the effects of universal and permanent cash transfers on the labor market? Since 1982, all Alaskan residents have been entitled to a yearly cash dividend from the Alaska Permanent Fund. Using data from the Current Population Survey and a synthetic control method, we show that the...
Persistent link: https://www.econbiz.de/10011803165