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The wage-setting power of firms : rent-sharing and monopsony in South Africa

Bassier, Ihsaan - 2019

of monopsony fail to use firm-level wage variation. I address this by using the estimated firm wage premia to estimate … how wages are related to rent-sharing and monopsony power. I find that the average worker switching from a firm in the 25 … distribution of monopsony, as measured by the Herfindahl-Hirschman Index in industry-by-local labour market hires, decreases wages …

Persistent link: https://www.econbiz.de/10012003704

Labour market power and between-firm wage (in)equality

Mertens, Matthias - 2020

This study investigates how labour market power shapes between-firm wage differences using German manufacturing sector data from 1995 to 2016. Over time, firm- and employee-side labour market power, defined as the difference between wages and marginal revenue products of labour (MRPL),...

Persistent link: https://www.econbiz.de/10012261228

Labour market power and between-firm wage (in)equality

Mertens, Matthias - 2020

Persistent link: https://www.econbiz.de/10012261403

Monopsony and local religious clubs : evidence from Indonesia

Brummund, Peter; Makowsky, Michael D. - 2024

difficulty in separating monopsony rents from compensating wage differentials. …

Persistent link: https://www.econbiz.de/10014534557

Non-compete agreements in a rigid labour market : the case of Italy

Boeri, Tito; Garnero, Andrea; Luisetto, Lorenzo G. - 2023

Non-compete clauses (NCCs) limiting the mobility of workers have been found to be rather widespread in the US, a flexible labour market with large turnover rates and a limited coverage of collective bargaining. This paper explores the presence of such arrangements in a rigid labour market, with...

Persistent link: https://www.econbiz.de/10014248958

The wage elasticity of recruitment

Hirsch, Boris; Jahn, Elke J.; Manning, Alan; … - 2022

One of the factors likely to affect the market power of employers is the sensitivity of the flow of recruits to the 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...

Persistent link: https://www.econbiz.de/10013431623

Labor market concentration and competition policy across the Atlantic

Araki, Satoshi; Bassanini, Andrea; Green, Andrew S.; … - 2022

employers' monopsony power. It explores the characteristics of monopsony in labor markets and documents its impact by looking at … solutions to address employers' monopsony power. …

Persistent link: https://www.econbiz.de/10013415712

Labor market concentration and wages : incumbents versus new hires

Bassanini, Andrea; Batut, Cyprien; Caroli, Eve - 2023

We investigate the impact of labor market concentration on average wages and decompose it into its effects on new hires and incumbents, where incumbents are defined as individuals who were already employed in the same firm the year before. Using administrative data for France, we find that...

Persistent link: https://www.econbiz.de/10013540583

Firm training

Black, Dan A.; Skipper, Lars; Smith, Jeffrey A. - 2023

Workers acquire skills through formal schooling, through training provided by governments, and through training provided by firms. This chapter reviews, synthesizes, and augments the literature on the last of these, which has languished in recent years despite the sizable contribution of firm...

Persistent link: https://www.econbiz.de/10013540828

The labor market effects of restricting refugees' employment opportunities

Ahrens, Achim; Beerli, Andreas; Hangartner, Dominik; … - 2023

Refugees, and immigrants more generally, often do not have access to all jobs in the labor market. We argue that restrictions on employment opportunities help explain why immigrants have lower employment and wages than native citizens. To test this hypothesis, we leverage refugees' exogenous...

Persistent link: https://www.econbiz.de/10013500760