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The nation's best known welfare program, Aid to Families with Dependent Children (AFDC) was created to give widows and destitute mothers the means to stay at home and care for children. However, the entry of large numbers of American mothers into the paid workforce has created increasing tension...
Persistent link: https://www.econbiz.de/10012993418
This paper investigates the degree of monopsony power of employers in different industries against the background of a … statutory minimum wage introduction in Germany in January 2015. A semi-structural estimation approach is employed based on a …
Persistent link: https://www.econbiz.de/10011408479
separate analyses for the USA, the UK, Germany and the Netherlands. We quantify the monopsony power due to search frictions and …
Persistent link: https://www.econbiz.de/10011574924
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
Wages and employment are too low in a monopsony. Furthermore, a minimum wage or a subsidy may raise employment up to … benchmark for welfare comparisons. Third, we derive a condition which guarantees that the monopsony distortion is exactly …
Persistent link: https://www.econbiz.de/10012160637
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
employers' monopsony power. It explores the characteristics of monopsony in labor markets and documents its impact by looking at … solutions to address employers' monopsony power. …
Persistent link: https://www.econbiz.de/10013415712
The increase in the real wages of British workers over the last one hundred years is often attributed to the growth in labour productivity, but this has rarely been confirmed. In the research reported here, this ascription is confronted with annual observations on wages and productivity spanning...
Persistent link: https://www.econbiz.de/10014582237