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Strong Employers and Weak Employees : How Does Employer Concentration Affect Wages?
Benmelech, Efraim - 2019
) consistent with labor market monopsony power, there is a negative relation between local-level employer concentration and wages …
Persistent link: https://www.econbiz.de/10012899730
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Labor market power and the effects of fiscal policy
Bredemeier, Christian; Jansen, Babette; Winkler, Roland - 2023
We propose a new fiscal transmission channel based on countercyclical monopsony power in the labor market. We develop a … Two-Agent New Keynesian model incorporating a time-varying degree of monopsony power, with workers valuing various job …
Persistent link: https://www.econbiz.de/10014393266
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Organised labour, labour market imperfections, and employer wage premia
Dobbelaere, Sabien; Hirsch, Boris; Müller, Steffen; … - Leibniz-Institut für Wirtschaftsforschung Halle - 2023 - This version: 13.11.2023
This paper examines how collective bargaining through unions and workplace co-determination through works councils 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...
Persistent link: https://www.econbiz.de/10014425610
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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/10013162115
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Do frictions matter in the labor market? : accessions, separations and minimum wage effects
Dube, Arindrajit; Lester, T. William; Reich, Michael - 2011
imply that frictions help explain minimum wage effects. -- minimum wage ; labor market flows ; monopsony ; Bayesian …
Persistent link: https://www.econbiz.de/10009310198
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The cyclical behaviour of employers' monopsony power and workers' wages
Hirsch, Boris; Jahn, Elke J.; Schnabel, Claus - 2013
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 … workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony …
Persistent link: https://www.econbiz.de/10010222161
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The cyclical behaviour of employers' monopsony power and workers' wages
Hirsch, Boris; Jahn, Elke J.; Schnabel, Claus - 2013
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 … workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony …
Persistent link: https://www.econbiz.de/10010225884
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Anmerkungen zum Monopson am Arbeitsmarkt : der Zeithorizont macht den Unterschied
Sell, Friedrich L.; Reinisch, David C. - 2012
) von Bedeutung zu sein. -- Arbeitsmarkt ; Monopson ; Substitutionselastizität und Ausbeutungsgrad …Ob die Marktform des Monopsons am Arbeitsmarkt vorliegt, ist fur die Frage des Für oder Wider des Mindestlohns von … Strukturen am Arbeitsmarkt nachgewiesen werden, die Einführung eines Mindestlohns nicht nur zu einer exogenen Lohnerhöhung für …
Persistent link: https://www.econbiz.de/10009668292
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The cyclical behaviour of employers' monopsony power and workers' wages : conference paper
Hirsch, Boris; Jahn, Elke J.; Schnabel, Claus - 2014
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 … workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony …
Persistent link: https://www.econbiz.de/10010485288
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Firm market power and the earnings distribution
Webber, Douglas A. - 2013
distribution which allows the effects of firm market power to vary across the earnings distribution. -- monopsony …
Persistent link: https://www.econbiz.de/10009730795