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An analysis of the changes in British workers' real wages since the 19th century

Pencavel, John H. - 2024

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

Labour market power and between-firm wage (in)equality

Mertens, Matthias - 2020

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

Labour market power and between-firm wage (in)equality

Mertens, Matthias - 2020

Persistent link: https://www.econbiz.de/10012261403

Labor market concentration and competition policy across the Atlantic

Araki, Satoshi; Bassanini, Andrea; Green, Andrew S.; … - 2022

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

Looking at the Monopsony in the Mirror

Stucke, Maurice E. - 2013

Although still a distant second to monopoly, buyer power and monopsony are hot topics in the antitrust community …. Despite the increasing interest in monopsony and buyer power, relatively few cases have actually been brought. Given the … relatively few antitrust cases, the legal standards for monopsony claims are less developed than for monopoly claims. In recent …

Persistent link: https://www.econbiz.de/10013090732

A cross-country comparison of labor market frictions

Ridder, Geert; Berg, Gerard J. van den - 2002

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

Vacancy duration and wages

Bassier, Ihsaan; Manning, Alan; Petrongolo, Barbara - 2023

We estimate the elasticity of vacancy duration with respect to posted wages, using data from the near-universe of online job adverts in the United Kingdom. Our research design identifies duration elasticities by leveraging firm-level wage policies that are plausibly exogenous to hiring...

Persistent link: https://www.econbiz.de/10014326452

Measuring Labor Market Frictions : A Cross-Country Comparison

Ridder, Geert; Berg, Gerard J. van den - 2021

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/10013319837

Using Online Job Vacancies to Understand the UK Labour Market from the Bottom-Up

Thurgood, James - 2018

What type of disaggregation should be used to analyse heterogeneous labour markets? How granular should that disaggregation be? Economic theory does not currently tell us; perhaps data can. Analyses typically split labour markets according to top-down classification schema such as sector or...

Persistent link: https://www.econbiz.de/10012913738

The earnings returns to graduating with honors : evidence from law graduates

Freier, Ronny; Schumann, Mathias; Siedler, Thomas - 2014

This paper studies the causal effects of graduating from university with an honors degree on subsequent earnings. While a rich body of literature has focused on estimating returns to human capital, few studies have analyzed returns at the very top of the education distribution. We highlight the...

Persistent link: https://www.econbiz.de/10010442433