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Labor market power and between-firm wage (in)equality
Mertens, Matthias - In: International journal of industrial organization 91 (2023), pp. 1-17
Persistent link: https://www.econbiz.de/10014543793
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The behavior of the aggregate U.S. wage markdown
Khan, Hashmat; Metaxoglou, Konstantinos - 2021
Persistent link: https://www.econbiz.de/10012596592
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The fall and rebound of average establishment size in West Germany
Kovalenko, Tim; Sauerbier, Timo; Schröpf, Benedikt - 2023
establishments to vary their employment level, consistent with monopsony power on the labor market. Moreover, our regional analyses …
Persistent link: https://www.econbiz.de/10014305173
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Monopsony competition and the minimum wage : evidence from Germany ; conference paper
Bachmann, Ronald; Frings, Hanna - 2014 - Preliminary
This paper investigates the degree of monoposony power of German employers in different industries, using a semi-structural approach based on a dynamic model of monopsonistic competition. The empirical analysis is based on a linked employer-employee data set which allows us to control for...
Persistent link: https://www.econbiz.de/10010483879
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Monopsonistic competition, low-wage labour markets, and minimum wages : an empirical analysis
Bachmann, Ronald; Frings, Hanna - 2016
This paper investigates the degree of monopsony power of employers in different industries against the background of a …
Persistent link: https://www.econbiz.de/10011480762
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The wage-setting power of firms : rent-sharing and monopsony in South Africa
Bassier, Ihsaan - 2019
of monopsony fail to use firm-level wage variation. I address this by using the estimated firm wage premia to estimate … how wages are related to rent-sharing and monopsony power. I find that the average worker switching from a firm in the 25 … distribution of monopsony, as measured by the Herfindahl-Hirschman Index in industry-by-local labour market hires, decreases wages …
Persistent link: https://www.econbiz.de/10012003704
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Rent sharing, wage floors, and development
Budlender, Joshua; Bassier, Ihsaan - 2023
Faced with more favourable demand conditions, many firms raise wages. However, we show that firms with labour market power, lower productivity, and binding wage floors will absorb these positive revenue productivity shocks as excess profits instead of increasing wages or employment. Our...
Persistent link: https://www.econbiz.de/10014422416
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Labor market competition and inequality
Garcia-Louzao, Jose; Ruggieri, Alessandro - 2023
Does competition in the labor market affect wage inequality? Standard textbook monopsony models predict that lower …
Persistent link: https://www.econbiz.de/10014444069
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Classic Monopsony or New Monopsony? : Searching for Evidence in Nursing Labor Markets
Schumacher, Edward J.; Hirsch, Barry T. - 2004
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
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Estimating the wage elasticity of labour supply to a firm: What evidence is there for monopsony?
Booth, Alison L.; Katic, Pamela - 2010
In this paper we estimate the elasticity of the labour supply to a firm, using data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey. Estimation of this elasticity is of particular interest not only in its own right but also because of its relevance to the debate about...
Persistent link: https://www.econbiz.de/10010274551