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Labour market power and between-firm wage (in)equality
Mertens, Matthias - 2021 - This draft: May 18, 2021
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/10012514890
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Tax curvature
Hummel, Albert Jan - 2021
In a Mirrleesian environment, a monopsonist sets hourly wages and individuals choose how many hours to work. Labor market outcomes do not only depend on the level and slope of the income tax function, but also on its curvature. A more concave tax schedule raises the elasticity of labor supply,...
Persistent link: https://www.econbiz.de/10012599164
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Labour market concentration, wages and job security in Europe
Bassanini, Andrea; Bovini, Giulia; Caroli, Eve; … - 2022
We investigate the impact of labour market concentration on two dimensions of job quality, namely wages and job security. We leverage rich administrative linked employer-employee data from Denmark, France, Germany, Italy, Portugal and Spain in the 2010s to provide the first comparable...
Persistent link: https://www.econbiz.de/10013186729
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The impact of centralized bargaining on spillovers and the wage structure in monopsonistic labour markets
Bassier, Ihsaan - 2021
How does centralized bargaining affect the broader wage structure? And what does this tell us about the (non-)competitive dynamics of such labour markets? I study large contracted wage increases negotiated by centralized bargaining councils in South Africa, using matched employer- employee tax...
Persistent link: https://www.econbiz.de/10012608584
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The dynamics of power in labor markets : monopolistic unions versus monopsonistic employers
Dodini, Samuel; Salvanes, Kjell G.; Willén, Alexander - 2021
This paper brings together the modern literatures on monopsony power and labor unions by empirically examining the …
Persistent link: https://www.econbiz.de/10012745267
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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/10012745297
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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/10012698177
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Minimum wages in concentrated labor markets
Popp, Martin - 2021
Economists increasingly refer to monopsony power to reconcile the absence of negativeemployment effects of minimum … comprehensive test of monop-sony theory by using labor market concentration as a proxy for monopsony power. Labormarket … reduce wages by 0.5 percentand employment by 1.6 percent, reflecting monopsonistic exploitation. In line with per …
Persistent link: https://www.econbiz.de/10012793056
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Minimum wages in concentrated labor markets
Popp, Martin - 2021
Economists increasingly refer to monopsony power to reconcile the absence of negative employment effects of minimum … wages with theory. However, systematic evidence for the monopsony argument is scarce. In this paper, I perform a … comprehensive test of monopsony theory by using labor market concentration as a proxy for monopsony power. Labor market …
Persistent link: https://www.econbiz.de/10012795776
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The urban wage premium in imperfect labour markets
Hirsch, Boris; Jahn, Elke J.; Manning, Alan; … - 2019
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/10012105107