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This paper assesses the extent of monopsony in the H-1B labor market through the lens of employment concentration and … its effect on H-1B workers’ wages and H-1B firms' innovation outcomes. Using micro-level H-1B petition data from the U …’ wages and H-1B employers’ patent outcomes. The causal link is established by exploiting a lottery system implemented for …
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: local wage shares and labor income inequality. Combining data from the Economic Census and the Population and Housing … developed countries and with the emerging literature on monopsony power, we first show that a higher level of concentration is … associated with reductions in skilled and unskilled workers' wages. Furthermore, the elasticities are relatively similar. Second …
Persistent link: https://www.econbiz.de/10014455470
product of labour and 30% pay wages above. We further find that the prevalence of wage mark-downs is significantly smaller … relate to labour market imperfections and how labour market imperfections relate to employer wage premia. Based on … representative German plant data for the years 1999-2016, we document that 70% of employers pay wages below the marginal revenue …
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German plant data for the years 1999–2016, we document that employer monopsony involving below competitive wages is far more … market imperfections and employer wage premia. The presence and intensity of employer monopsony are associated with a lower … labour market imperfections and how labour market imperfections matter for employer wage premia. Based on representative …
Persistent link: https://www.econbiz.de/10013359046
offered wage, but there is very little research on this. This paper presents a methodology for estimating the wage elasticity … of recruitment and applies it to German data. Our estimates of the wage elasticity of recruitment are about 1.4. We also … report evidence that high-wage employers are more selective in hiring, in which case the relevant recruitment elasticity …
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workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony …This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using … unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to …
Persistent link: https://www.econbiz.de/10010485288