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Persistent link: https://www.econbiz.de/10014370439
Using administrative data for West Germany, this paper investigates whether part of the urban wage premium stems from fierce competition in thick labour markets. We first establish that employers possess less wage-setting power in denser markets. Local differences in wage-setting power predict...
Persistent link: https://www.econbiz.de/10011420490
Die neue Weiterbildungsliteratur zeigt auf, dass Arbeitgeber in monopsonistisch geprägten Märkten bereit sind, nicht nur die Kosten für firmenspezifische, sondern auch für allgemeine Weiterbildung zu tragen, wenn das Risiko, dass Mitarbeiter abgeworben werden, gering ist. Dies bedeutet, dass...
Persistent link: https://www.econbiz.de/10010225108
The new training literature suggests that in a monopsonistic market employers will not only pay for firm-specific training but also for general training if the risk of poaching is limited. This implies that training participation should decrease when competition for employees is higher among...
Persistent link: https://www.econbiz.de/10010229498
that firm's monopsony power affects negatively the earnings of its workers and firm's total factor productivity is … considerably associated with higher earnings, ceteris paribus. We also find that firms use monopsony power for wage differentiation …
Persistent link: https://www.econbiz.de/10011543455
This paper investigates the degree of monoposony power of German employers in different industries, using a semi-structural approach based on a dynamic model of monopsonistic competition. The empirical analysis is based on a linked employer-employee data set which allows us to control for...
Persistent link: https://www.econbiz.de/10010483879
Using administrative data for West Germany, this paper investigates whether part of the urban wage premium stems from fierce competition in thick labour markets. We first establish that employers possess less wage-setting power in denser markets. Local differences in wage-setting power predict...
Persistent link: https://www.econbiz.de/10011449766
This paper investigates the degree of monopsony power of employers in different industries against the background of a …
Persistent link: https://www.econbiz.de/10011480762
This paper studies the implications of monopsony power for optimal income taxation and welfare. Firms observe workers …' abilities while the government does not and monopsony power determines what share of the labor market surplus is translated into … profits. Monopsony power increases the tax incidence that falls on firms. This makes labor income taxes less (more) effective …
Persistent link: https://www.econbiz.de/10012545131
I study how labour market power affects firm wage differences using German manufacturing sector firm-level data (1995-2016). In past decades, labour market power increasingly moderated rising between-firm wage inequality. This is becausehigh-paying firms possess high and increasing labour market...
Persistent link: https://www.econbiz.de/10012514882