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This paper shows that self-employment shapes labor market power in low-income countries, affecting industrial development. Using Peruvian data, we show that wage-setting power increases with concentration, but less so where self-employment is more prevalent. A general equilibrium model shows...
Persistent link: https://www.econbiz.de/10015074510
Why have the real (consumption) wages of U.S. workers risen since the nineteenth century? Some economists answer that increases in real wages have followed increases in labor productivity over time. In this paper, this hypothesized association is confronted with annual observations of changes in...
Persistent link: https://www.econbiz.de/10015074507
used by the optimal growth problem. Finally, the paper shows that the negative welfare effect of monopsony is larger when …
Persistent link: https://www.econbiz.de/10015078172
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
We evaluate the nationwide impact of the Washington State attorney general's 2018-2020 enforcement campaign against no-poach clauses in franchising contracts, which prohibited worker movement across locations within a chain. Implementing a staggered difference-indifferences research design using...
Persistent link: https://www.econbiz.de/10015055680
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players grounded in the likelihood that college players face employers with monopsony power. This remains true despite the …
Persistent link: https://www.econbiz.de/10014132931
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