Narrow search
Showing 1 - 10 of 19,148
Cover Image
Monopsony power, income taxation and welfare
Hummel, Albert Jan - 2021
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
Cover Image
Monopsony power, income taxation and welfare
Hummel, Albert Jan - 2021
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/10012534827
Cover Image
The macroeconomic dynamics of labor market policies
Hurst, Erik; Pastorino, Elena; Winberry, Thomas; Kehoe, … - 2023
Persistent link: https://www.econbiz.de/10014343218
Cover Image
Optimal Design and Quantitative Evaluation of the Minimum Wage
Mahone, Zachary L. - 2017
We study a labor market where firm have private information about their ex-ante heterogeneous productivities and search is random. In this environment, a binding minimum wage can be efficiency-enhancing -- we show that setting it using a version of the Vickery-Clarke-Groves mechanism delivers...
Persistent link: https://www.econbiz.de/10012943759
Cover Image
Monopsony power, offshoring, and a European minimum wage
Egger, Hartmut; Kreickemeier, Udo; Wrona, Jens - 2024
This paper sets up a two-country model of offshoring with monopolistically competitive product and monopsonistically competitive labour markets. In our model, an incentive for offshoring exists even between symmetric countries, because shifting part of the production abroad reduces local labour...
Persistent link: https://www.econbiz.de/10014467358
Cover Image
Optimal taxation and monopsonistic labor market : does monopsony justify the minimum wage?
Cahuc, Pierre (contributor); Laroque, Guy (contributor) - 2007
We analyze optimal taxation in an economy with monopsonistic labor markets. The individuals, whose only decisions are whether to work, or not, have heterogeneous productivities and opportunity costs of work. Given its preferences for redistribution, the government, which does not observe the...
Persistent link: https://www.econbiz.de/10003608451
Cover Image
Optimal Taxation and Monopsonistic Labor Market : Does Monopsony Justify the Minimum Wage?
Cahuc, Pierre; Laroque, Guy - 2021
We analyze optimal taxation in an economy with monopsonistic labor markets. The individuals, whose only decisions are whether to work, or not, have heterogeneous productivities and opportunity costs of work. Given its preferences for redistribution, the government, which does not observe the...
Persistent link: https://www.econbiz.de/10013316879
Cover Image
Minimum Wages and Welfare in a Hotelling Duopsony
Kaas, Leo; Madden, Paul - 2021
Two firms choose locations (non-wage job characteristics) on the interval [0,1] prior to announcing wages at which they employ workers who are uniformly distributed' the (constant) marginal revenue products of workers may differ. Subgame perfect equilibria of the two-stage location-wage game are...
Persistent link: https://www.econbiz.de/10013325270
Cover Image
Oligopoly and outsourcing
Bandyopadhyay, Subhayu (contributor);  … - 2005
"With outsourcing comes a perceived tension between the competitive pressures faced by domestic firms and the effect that outsourcing has on domestic workers. To address this tension, we present a general-equilibrium model with an oligopolistic export sector and a competitive import-competing...
Persistent link: https://www.econbiz.de/10003227215