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Firms and Labor Market Inequality: Evidence and Some Theory

Card, David; Cardoso, Ana Rute; Heining, Jörg; Kline, … - 2016

We review the literature on firm-level drivers of labor market inequality. There is strong evidence from a variety of fields that standard measures of productivity – like output per worker or total factor productivity – vary substantially across firms, even within narrowly-defined...

Persistent link: https://www.econbiz.de/10011479368

Monopsonistic Competition, Low-Wage Labour Markets, and Minimum Wages: An Empirical Analysis

Bachmann, Ronald; Frings, Hanna - 2016

This paper investigates the degree of monopsony power of employers in different industries against the background of a …

Persistent link: https://www.econbiz.de/10011494334

The Statutory Minimum Wage in Germany and the Labor Demand Elasticities of Low-Skilled Workers: A Regression Discontinuity Approach with Establishment Panel Data

Kölling, Arnd - 2020

This study examines the influence of the statutory minimum wage on labor demand elasticities regarding low-skilled workers. For this, a regression discontinuity analysis is conducted using company panel data from 2013 to 2018. In addition, a possible endogeneity of the remuneration for...

Persistent link: https://www.econbiz.de/10012298466

Labour market polarisation, job tasks and monopsony power

Bachmann, Ronald; Demir, Gökay; Frings, Hanna - 2020

Using a semi-structural approach based on a dynamic monopsony model, we examine to what extent workers performing … different job tasks are exposed to different degrees of monopsony power, and whether these differences in monopsony power have … degree of monopsony power than workers performing routine or non-routine manual tasks. Job-specific human capital and non …

Persistent link: https://www.econbiz.de/10012414827

Employer Market Power in Silicon Valley

Gibson, Matthew - 2021

Adam Smith alleged that secret employer collusion to reduce labor earnings is common. This paper examines an important case of such behavior: no-poach agreements through which technology companies agreed not to compete for each other's workers. Exploiting the plausibly exogenous timing of a US...

Persistent link: https://www.econbiz.de/10012882419

Labor Market Concentration and Stayers' Wages: Evidence from France

Bassanini, Andrea; Batut, Cyprien; Caroli, Eve - 2021

We investigate the impact of labor market concentration on stayers' wages, where stayers are defined as individuals who were already employed in the same firm the year before. Using administrative data for France, we show that the elasticity of stayers' wages to labor market concentration ranges...

Persistent link: https://www.econbiz.de/10012882488

The Dynamics of Power in Labor Markets: Monopolistic Unions versus Monopsonistic Employers

Dodini, Samuel; Salvanes, Kjell; Willén, Alexander L.P. - 2021

This paper brings together the modern literatures on monopsony power and labor unions by empirically examining the …

Persistent link: https://www.econbiz.de/10013177529

Differential Patterns between Private and Public Sector Wages in Spain

de León, Alba Couceiro; Dolado, Juan J. - 2022

This paper studies the wage differentials between the public and private sectors in Spain, as well as its distribution across different educational levels and by gender. To do so, the well-known Oaxaca-Blinder decomposition of mincerian wage regressions is applied for both sectors, breaking down...

Persistent link: https://www.econbiz.de/10013177720

Do guest worker programs give firms too much power?

Norlander, Peter - In: IZA World of Labor (2021)

Guest worker programs allow migrants to work abroad legally, and offer benefits to workers, firms, and nations. Guest workers are typically authorized to work only in specific labor markets, and are sponsored by, and must work for, a specific firm, making it difficult for guest workers to switch...

Persistent link: https://www.econbiz.de/10013266255

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/10013342001