Marinescu, Ioana; Ouss, Ivan; Pape, Louis-Daniel - 2020
zone in France using linked employer-employee data. Using instrumental variables with worker and firm fixed effects, we … find that a 10% increase in labor market concentration decreases hires by 12.4% and the wages of new hires by nearly 0 … employers in the retail industry would be most damaging, with about 24 million euros in annual lost wages for new hires, and an …