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Do frictions matter in the labor market? : accessions, separations and minimum wage effects

Dube, Arindrajit; Lester, T. William; Reich, Michael - 2011

We measure labor market frictions using a strategy that bridges design-based and structural approaches: estimating an equilibrium search model using reduced-form minimum wage elasticities identified from border discontinuities and fitted with Bayesian and LIML methods. We begin by providing the...

Persistent link: https://www.econbiz.de/10009310198

Catching hipo's : screening, wages and unemployment

Janssen, Maarten C. W. - 2000

In this paper, I study the wage a firm sets to attract high abilityworkers (hipo's) in situationsof unemployment. I show that the higher unemployment, the larger afirm's incentives to sorthigh and low ability workers. Moreover, workers will signal their(high) ability in situationsof (high)...

Persistent link: https://www.econbiz.de/10011303310

Firm market power and the earnings distribution

Webber, Douglas A. - 2013

Using linked employer-employee data, I compute firm-level measures of the labor supply elasticity facing each private non-farm firm in the US. I provide the first direct evidence of the positive relationship between a firm's labor supply elasticity and the earnings of its workers. I also...

Persistent link: https://www.econbiz.de/10009730795

Anmerkungen zum Monopson am Arbeitsmarkt : der Zeithorizont macht den Unterschied

Sell, Friedrich L.; Reinisch, David C. - 2012

Ob die Marktform des Monopsons am Arbeitsmarkt vorliegt, ist fur die Frage des Für oder Wider des Mindestlohns von … Strukturen am Arbeitsmarkt nachgewiesen werden, die Einführung eines Mindestlohns nicht nur zu einer exogenen Lohnerhöhung für … gilt fur den Unternehmer mit Marktmacht am Arbeitsmarkt genau dasselbe, was auch fur alle anderen Unternehmer ohne …

Persistent link: https://www.econbiz.de/10009668292

Sex differences in pay in a "new monopsony" model of the labor market

Ransom, Michael R. (contributor); … - 2005

We use a simple framework, adopted from general equilibrium search models, to estimate the extent to which monopsony power (or labor market frictions) can account for gender differences in pay, using data from a chain of regional grocery stores. In this framework, the elasticity of labor supply...

Persistent link: https://www.econbiz.de/10003222500

Employer Monopsony Power in the Labor Market for Undocumented Workers

Hotchkiss, Julie L. - 2014

Using matched employer-employee data from the state of Georgia, this paper investigates the potential for employer monopsony power in the labor market for undocumented workers. Undocumented workers are found to be about 40 percent less sensitive as documented workers to their employers' wage...

Persistent link: https://www.econbiz.de/10013070831

Monopsony in the U.S. labor market

Yeh, Chen; Macaluso, Claudia; Hershbein, Brad - 2022

This paper quantifies the extent to which the U.S. manufacturing labor market is characterized by employer market power and how such market power has changed over time. We find that the vast majority of U.S. manufacturing plants operate in a monopsonistic environment and, at least since the...

Persistent link: https://www.econbiz.de/10013162115

Monopsonistic Competition in Formal and Informal Labor Markets

To, Ted - 2008

The workhorse of urban labor theory in development economics is the formal/informal model of labor market segmentation and its variants. The seminal Harris-Todaro model has been extended over the years to cope with various empirical puzzles not explained in the original framework. However, one...

Persistent link: https://www.econbiz.de/10012725829

Sex Differences in Pay in a 'New Monopsony' Model of the Labor Market

Ransom, Michael R. - 2006

Persistent link: https://www.econbiz.de/10012783533

Monopsony in Labor Markets : A Meta-Analysis

Sokolova, Anna - 2019

When jobs offered by different employers are not perfect substitutes in the minds of workers, employers gain wage-setting power; the extent of this power can be captured by the elasticity of labor supply that each employer faces. Estimates of this parameter reported by the literature vary...

Persistent link: https://www.econbiz.de/10012896763