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The dynamics of proits and wages : technology, of-shoring and demand
Bogliacino, Francesco; Guarascio, Dario; Cirillo, Valeria - 2016
This article explores the impact of innovation, offshoring and demand on profits and wage dynamics. The growing relevance of functional distribution in terms of explaining personal distribution underscores the importance of our results for understanding recent increases in inequality. The...
Persistent link: https://www.econbiz.de/10011420638
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Strong Employers and Weak Employees : How Does Employer Concentration Affect Wages?
Benmelech, Efraim - 2019
We analyze the effect of local-level labor market concentration on wages. Using plant-level U.S. Census data over the period 1978–2016, we find that: (1) local-level employer concentration exhibits substantial cross-sectional variation; (2) consistent with labor market monopsony power, there...
Persistent link: https://www.econbiz.de/10012899730
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International Fragmentation and Relative Wages in the UK
Hijzen, Alexander; Görg, Holger; Hine, Robert C. - 2021
international outsourcing. It is the first detailed study to address the effects of outsourcing on labour markets in the UK. In a … recent paper, Feenstra and Hanson (1996) estimate the effect of international outsourcing on wage inequality in the US. This … paper extends the FH approach by using more detailed definitions of outsourcing and skill. The analysis applies to UK …
Persistent link: https://www.econbiz.de/10013320058
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Flexible Outsourcing and the Impacts of Labour Taxation in European Welfare States
Koskela, Erkki; Poutvaara, Panu - 2021
-skilled workers is more competitive. To focus on this aspect, we analyze how flexible international outsourcing and labour taxation … affect wage formation, employment and welfare in dual domestic labour markets. Higher productivity of outsourcing, lower cost … of outsourcing and lower factor price of outsourcing increase wage dispersion between the high-skilled and low …
Persistent link: https://www.econbiz.de/10013316453
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Flexible Outsourcing and the Impacts of Labour Taxation in European Welfare States
Koskela, Erkki; Poutvaara, Panu - 2021
more competitive. To focus on this aspect, we analyze how flexible international outsourcing and labour taxation affect … wage formation, employment and welfare in dual domestic labour markets. Higher productivity of outsourcing, lower cost of … outsourcing and lower factor price of outsourcing increase wage dispersion between the skilled and unskilled workers. Increasing …
Persistent link: https://www.econbiz.de/10013324970
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The (Unexpected) Structure of 'Rents' on the French and British Labour Markets
Clark, Andrew; Senik, Claudia - 2021
This paper considers the allocation of labour on the French and British markets, using objective wage and subjective satisfaction data. We show that, in some sectors, workers enjoy both higher wages and higher job satisfaction. We argue that this reflects labour market wage rents. Perhaps...
Persistent link: https://www.econbiz.de/10013318817
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Where does the surplus go? : disentangling the capital-labor distributive conflict
Bogliacino, Francesco; Guarascio, Dario; Cirillo, Valeria - 2015
The evidence on growing inequality in OECD countries has raised an important debate over its main drivers, pointing out an increasing importance of the capital-labour conflict. In this contribution, we aim at disentangling the role of some of the forces shaping this process. Our identification...
Persistent link: https://www.econbiz.de/10011341894
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Concentration and other wage determinants
Martins, Ana Paula - 2018
This research presents evidence on how the impact of industry concentration and unionism affect the Portuguese wage levels. The influence of employer association is also considered. We use sector information - two-digit level disaggregation of "Classificação das Actividades Económicas" -, and...
Persistent link: https://www.econbiz.de/10011870141
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The effect of centrally bargained wages on firm growth
Bustos, Emil - 2023
I study how firms adapt to exogenous changes in labor costs induced by collective bargaining agreements. I use data on collective bargaining agreements in Sweden and study the impact of the nationwide bargaining that took place in 2004. I make a difference-in-differences analysis and compare...
Persistent link: https://www.econbiz.de/10014251447
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The Effect of Centrally Bargained Wages on Firm Growth
Bustos, Emil - 2023
I study how firms adapt to exogenous changes in labor costs induced by collective bargaining agreements. I use data on collective bargaining agreements in Sweden and study the impact of the nationwide bargaining that took place in 2004. I make a difference-in-differences analysis and compare...
Persistent link: https://www.econbiz.de/10014355552