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Trade policies might affect firms' market power and their ability to reap product-market mark-ups. Thus, potentially they influence not only firms' economic performance, but also worker pay. Utilising panel-data on Norwegian Manufacturing exporters from 2005-18 and multi-product production...
Persistent link: https://www.econbiz.de/10014442570
This paper examines the impact of trade liberalization on firms' product and labor market power. We estimate the prevalence and intensity of firm-level price-cost markups and either wage markups or wage markdowns. We take the dependence between these model-consistent measures of product and...
Persistent link: https://www.econbiz.de/10012169328
labor quality and quantity choice by plants, where labor quality is reflected in wages. The model's parameters are estimated …
Persistent link: https://www.econbiz.de/10013092472
This paper explores the evolution of the average wage of employees over the life-cycle of a manufacturing plant. The average wage starts out low for a new plant and increases along with labor productivity as the plant ages. As a plant approaches exit, its average wage falls, but more slowly than...
Persistent link: https://www.econbiz.de/10010221105
rising livestock product and other agrarian prices. It also demonstrates that the rise in real wages (agrarian) was partly …
Persistent link: https://www.econbiz.de/10008855770
competitiveness (i.e. productivity, wages and profits) while controlling for key econometric issues such as time-invariant unobserved … competitiveness vary across sectors: while temporary employment is found to enhance productivity and profits in (labour …
Persistent link: https://www.econbiz.de/10011653307
competitiveness (i.e. productivity, wages and profits) while controlling for key econometric issues such as time-invariant unobserved … competitiveness vary across sectors: while temporary employment is found to enhance productivity and profits in (labour …
Persistent link: https://www.econbiz.de/10011613366
This paper examines the impact of trade liberalization on firms' product and labor market power. We estimate the prevalence and intensity of firm-level price-cost markups and either wage markups or wage markdowns. We take the dependence between these model-consistent measures of product and...
Persistent link: https://www.econbiz.de/10012180144
We propose a simple test that uses information on workers' mobility, wages and firms' profits to identify the sign and … agents' payoffs are increasing in their own types, our test exploits within-firm variation on wages to rank workers by their … types and firm profits to rank firms. We use a panel data set that combines social security earnings records for workers in …
Persistent link: https://www.econbiz.de/10010125811
I study why some firms pay a wage premium relative to other firms for identical workers. To unpack the firm wage premium distribution, I develop and implement a novel structural decomposition using datasets on the universe of employers and employees in France. Existing research shows that firm...
Persistent link: https://www.econbiz.de/10012863760