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-2016). In past decades, labour market power increasingly moderated rising between-firm wage inequality. This is becausehigh …
Persistent link: https://www.econbiz.de/10012514882
-2016). In past decades, labour market power increasingly moderated rising between-firm wage inequality. This is becausehigh …
Persistent link: https://www.econbiz.de/10012514890
marginal revenue products of labour (MRPL), increasingly moderated rising between-firm wage inequality. This is because small …
Persistent link: https://www.econbiz.de/10012261228
marginal revenue products of labour (MRPL), increasingly moderated rising between-firm wage inequality. This is because small …
Persistent link: https://www.econbiz.de/10012261403
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
We examine the impact of changes in local labor market concentration on two components of income inequality in Mexico …: local wage shares and labor income inequality. Combining data from the Economic Census and the Population and Housing … Censuses, we analyze the mechanisms that drive the relationship between concentration and labor income inequality by …
Persistent link: https://www.econbiz.de/10014455470
Using administrative data for West Germany, this paper investigates whether part of the urban wage premium stems from fierce competition in thick labour markets. We first establish that employers possess less wage-setting power in denser markets. Local differences in wage-setting power predict...
Persistent link: https://www.econbiz.de/10011420490
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
Using administrative data for West Germany, this paper investigates whether part of the urban wage premium stems from fierce competition in thick labour markets. We first establish that employers possess less wage-setting power in denser markets. Local differences in wage-setting power predict...
Persistent link: https://www.econbiz.de/10011449766
model, such anchoring can give rise to monopsony and labor market segmentation. In line with the model, misperceptions are …
Persistent link: https://www.econbiz.de/10012801411