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, and a pure monopsony (one employer) reduces wages by 13 percent. A simulation shows that wages under pure monopsony could … be 47 percent lower, suggesting that employers do not use the extent of their monopsony power. Enforcing wage regulations …
Persistent link: https://www.econbiz.de/10011974378
Persistent link: https://www.econbiz.de/10012213228
Refugees, and immigrants more generally, often do not have access to all jobs in the labor market. We argue that restrictions on employment opportunities help explain why immigrants have lower employment and wages than native citizens. To test this hypothesis, we leverage refugees' exogenous...
Persistent link: https://www.econbiz.de/10013500760
Refugees, and immigrants more generally, often do not have access to all jobs in the labor market. We argue that restrictions on employment opportunities help explain why immigrants have lower employment and wages than native citizens. To test this hypothesis, we leverage refugees' exogenous...
Persistent link: https://www.econbiz.de/10013500894
Persistent link: https://www.econbiz.de/10014450937
We argue that the arrival of immigrants with low reservation wages can strengthen the monopsony power of firms. Firms … effects are not inevitable, and may be ameliorated through policies which constrain firms' monopsony power over migrants. …
Persistent link: https://www.econbiz.de/10014446109
Persistent link: https://www.econbiz.de/10003832918
monopsony power in the labor market for undocumented workers. Undocumented workers are found to be about 40 percent less …
Persistent link: https://www.econbiz.de/10013070831
This study explores what determines employers' violations of the wage contracts of workers on H-1B temporary work visas, which occur when firms pay those workers below the promised prevailing or "market" wage. A theoretical framework is proposed that predicts more violations during economic...
Persistent link: https://www.econbiz.de/10012520574
This paper assesses the extent of monopsony in the H-1B labor market through the lens of employment concentration and …
Persistent link: https://www.econbiz.de/10013308098