Narrow search
Showing 111 - 120 of 49,631
Cover Image
Product Market Evidence on the Employment Effects of the Minimum Wage
French, Eric; Aaronson, Dan - Econometric Society - 2004
employment in response to a 10 percent minimum wage change. We then introduce monopsony power in local labor markets. We identify … the extent of monopsony power using information on the degree to which minimum wage cost shocks are passed on to consumers … an increase in the minimum wage, the monopsony model potentially implies that employment can rise and prices fall in …
Persistent link: https://www.econbiz.de/10005702611
Cover Image
Do Frictions Matter in the Labor Market? Accessions, Separations and Minimum Wage Effects
Dube, Arindrajit; Lester, T. William; Reich, Michael - Institute for the Study of Labor (IZA) - 2011
We measure labor market frictions using a strategy that bridges design-based and structural approaches: estimating an equilibrium search model using reduced-form minimum wage elasticities identified from border discontinuities and fitted with Bayesian and LIML methods. We begin by providing the...
Persistent link: https://www.econbiz.de/10009144857
Cover Image
The Behavioral Effects of Minimum Wages
Falk, Armin; Fehr, Ernst; Zehnder, Christian - Institut für Volkswirtschaftslehre, …
The prevailing labor market models assume that minimum wages do not affect the labor supply schedule. We challenge this view in this paper by showing experimentally that minimum wages have significant and lasting effects on subjects’ reservation wages. The temporary introduction of a minimum...
Persistent link: https://www.econbiz.de/10005627801
Cover Image
Anmerkungen zum Monopson am Arbeitsmarkt II
Sell, Friedrich L.; Ruf, Ernst K. - Fakultät für Wirtschafts- und … - 2014
The paper develops the optimal solutions for the monopsony on the labor market, both for the short run (only labor is …
Persistent link: https://www.econbiz.de/10010984040
Cover Image
Anmerkungen zum Monopson am Arbeitsmarkt: Der Zeithorizont macht den Unterschied
Sell, Friedrich L.; Reinisch, David C. - Fakultät für Wirtschafts- und … - 2012
The market forms of monopsony/oligopsony are about the only ones where the introduction of minimum wages goes along …
Persistent link: https://www.econbiz.de/10010984042
Cover Image
The Behavioral Effects of Minimum Wages
Falk, Armin; Fehr, Ernst; Zehnder, Christian - Institute for the Study of Labor (IZA) - 2005
The prevailing labor market models assume that minimum wages do not affect the labor supply schedule. We challenge this view in this paper by showing experimentally that minimum wages have significant and lasting effects on subjects’ reservation wages. The temporary introduction of a minimum...
Persistent link: https://www.econbiz.de/10005762121
Cover Image
The Dynamics of Power in Labor Markets: Monopolistic Unions versus Monopsonistic Employers
Dodini, Samuel; Salvanes, Kjell; Willén, Alexander L.P. - 2021
This paper brings together the modern literatures on monopsony power and labor unions by empirically examining the … of unions as alleviating market failures induced by imperfect competition. To validate our findings and examine …
Persistent link: https://www.econbiz.de/10013177529
Cover Image
The Dynamics of Power in Labor Markets: Monopolistic Unions versus Monopsonistic Employers
Dodini, Samuel; Salvanes, Kjell G.; Willén, Alexander - 2022
the role of unions in shaping labor market wage inequality. …
Persistent link: https://www.econbiz.de/10013470398
Cover Image
Monopsony makes firms not only small but also unproductive : why East Germany has not converged
Bachmann, Ruediger; Bayer, Christian; Stüber, Heiko; … - 2022
When employers face a trade-off between growing large and paying low wages - that is, when they have monopsony power … smaller. A model with labor market monopsony, product market power, and customer acquisition matching these features of the …
Persistent link: https://www.econbiz.de/10013198922
Cover Image
Monopsony makes firms not only small but also unproductive : why East-Germany has not converged
Bachmann, Ruediger; Bayer, Christian; Stüber, Heiko; … - 2022
When employers face a trade-off between growing large and paying low wages - that is, when they have monopsony power … smaller. A model with labor market monopsony, product market power, and customer acquisition matching these features of the …
Persistent link: https://www.econbiz.de/10013201697