This paper examines how collective bargaining through unions and workplace codetermination through works councils shape labour market imperfections and how labour market imperfections matter for employer wage premia. Based on representative German plant data for the years 1999-2016, we document...

Firms market power may exacerbate income inequality. We investigate this relationship among firms in Latin America and the Caribbean (LAC), where this phenomenon remains understudied. We use firm-level data for formal firms in 16 countries in LAC and 31 peer economies with similar levels of GDP...

We use matched employer-employee data and firm balance sheet data to investigate the importance of firm productivity and firm labor market power in explaining firm heterogeneity in wage formation. We use a linear regression model with one interacted high dimensional fixed effect to estimate...

We build a model where firm size is a source of labor market power. The key mechanism is that a granular employer can eliminate its own vacancies from a worker's outside option in the wage bargain. Hence, a granular employer does not compete with itself. We show how wages depend on employment...

This paper analyzes immigrant participation in low-wage labor markets in the United States. Compared to natives, immigrants are overrepresented in low-wage jobs throughout their U.S. careers, and this overrepresentation is most severe for recent arrival cohorts. Immigration's impact on less...

Government of India wants to implement 'Conditions of Work and Livelihood Promotion Bill' for the agricultural workers who are unorganized in nature in such a time when cultivation is not very profitable and employment generations in the agricultural sector are declining. This paper is a...

High unemployment rates among educated workers in Morocco and many other developing countries is a serious issue. The worsening unemployment problem among educated workers in Morocco started with the cuts to public sector hiring under structural adjustment policies implemented in 1983. Thus,...

I study how firms adapt to exogenous changes in labor costs induced by collective bargaining agreements. I use data on collective bargaining agreements in Sweden and study the impact of the nationwide bargaining that took place in 2004. I make a difference-in-differences analysis and compare...

This article shows that the Mincer equations, augmented with variables of firm size and corrected by selectivity bias, yield results that are consistent with the theories of human capital and labor segmentation. Greater firm endowments of human capital and physical capital are related to greater...

The aim of this paper is to find underlying labor market trends and structures in the black/white wage gap in U.S. metropolitan areas (MSA). Contrary to the predictions of the traditional human capital model, this paper hypothesizes that the unexplained racial wage gap can be attributed in part...