Showing 1 - 10 of 2,095
Persistent link: https://www.econbiz.de/10011439373
employment in the United States. Whenever the minimum wage has positive or no effects on employment, they appeal to monopsony … States under concentrated labor markets and low-mobility jobs (two variables that measure monopsony), identify heterogeneous … effects among different scenarios derived from the monopsony model, and provide a plausible explanation of the mixed results …
Persistent link: https://www.econbiz.de/10012391092
Applicants for any given job are more or less suited to fill it, and the firm will select the best among them. Increasing the wage offer attracts more applicants and makes it possible to raise the hiring standard and improve the productivity of the staff. Wages that optimize on the trade-off...
Persistent link: https://www.econbiz.de/10003951765
Persistent link: https://www.econbiz.de/10014293288
Persistent link: https://www.econbiz.de/10014370439
that firm's monopsony power affects negatively the earnings of its workers and firm's total factor productivity is … considerably associated with higher earnings, ceteris paribus. We also find that firms use monopsony power for wage differentiation …
Persistent link: https://www.econbiz.de/10011543455
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
This paper studies the implications of monopsony power for optimal income taxation and welfare. Firms observe workers …' abilities while the government does not and monopsony power determines what share of the labor market surplus is translated into … profits. Monopsony power increases the tax incidence that falls on firms. This makes labor income taxes less (more) effective …
Persistent link: https://www.econbiz.de/10012545131
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