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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
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
an inclusive labor market, focusing on the need to rebalance growth; improve risk sharing; and fight discrimination …
Persistent link: https://www.econbiz.de/10012613377
This paper presents a model where wage differences between men and women arise from taste-based discrimination and … imperfect labour market, deriving a test for the presence of taste-based discrimination and of other firm-level mechanisms … significant determinant of the gender wage gap. Taste-based discrimination mechanisms appear to be significant as well, but small …
Persistent link: https://www.econbiz.de/10012310637
The gender gap in inter-firm mobility is an important contributor to the gender pay gap but is as yet unexplained. In a structural model of workplace choice, I show that the gender mobility gap can be understood as a consequence of women's typical roles as secondary earners in most households...
Persistent link: https://www.econbiz.de/10012138588
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, are the first to leave the firm (Last In, First Out; LIFO). Second, workers’ wages rise with seniority (= a worker … to seniority in wages. Efficiency in hiring requires the workers’ bargaining power to be in line with their share in the …
Persistent link: https://www.econbiz.de/10011374429
dataset contains for the first time in Italy information on seniority. In accordance with the general finding in Gruber and … their retirement probability increases in a sizable way. We also find that the procedure to impute seniority used in … inconsistently estimated. Our sensitivity analysis suggests that the lack of appropriate information on seniority is an important …
Persistent link: https://www.econbiz.de/10011376456
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