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implications for industrial development. Using data from Peru, we document substantial employer concentration and high self … market power in each market arises from (i) strategic interactions among employers and (ii) sorting of heterogeneous workers … changes in concentration magnify the pass-through of productivity and profitability shocks to wages, but worker sorting across …
Persistent link: https://www.econbiz.de/10013343285
implications for industrial development. Using data from Peru, we document substantial employer concentration and high self … market power in each market arises from (i) strategic interactions among employers and (ii) sorting of heterogeneous workers … changes in concentration magnify the pass-through of productivity and profitability shocks to wages, but worker sorting across …
Persistent link: https://www.econbiz.de/10014078735
Using establishment-level data from the World Bank Enterprise Survey, we assess the market power of exporting firms across 16 countries in Latin America. Leveraging information on export destinations, as well as exchange rate and price data, we construct exchange rate-driven shocks to the...
Persistent link: https://www.econbiz.de/10014563902
Using establishment-level data from the World Bank Enterprise Survey, we assess the market power of exporting firms across 16 countries in Latin America. Leveraging information on export destinations, as well as exchange rate and price data, we construct exchange rate-driven shocks to the...
Persistent link: https://www.econbiz.de/10014529884
Persistent link: https://www.econbiz.de/10013380515
How much can employers in low and middle-income countries suppress wages below marginal productivity? Using plant and customs data from Colombia, we exploit pre- determined variation across plants in sales export destination combined with variation in exchange rates to generate plant-specific...
Persistent link: https://www.econbiz.de/10012597536
How much can employers in low and middle-income countries suppress wages below marginal productivity? Using plant and customs data from Colombia, we exploit pre- determined variation across plants in sales export destination combined with variation in exchange rates to generate plant-specific...
Persistent link: https://www.econbiz.de/10012519099
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/10013342001
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
We estimate the labor market power of over 13,000 manufacturing establishments across 82 low and middle-income countries around the world. Within local labor markets, larger and more productive firms have higher wage markdowns and pay lower wages. Labor market power across countries exhibits a...
Persistent link: https://www.econbiz.de/10014494076