Dobbelaere, Sabien; Hirsch, Boris; Müller, Steffen; … - 2020
labour market imperfections and how labour market imperfections matter for employer wage premia. Based on representative … exception. Wage mark-downs, that is wages below the marginal revenue product of labour rooted in employers' monopsony power, are … and intensity of wage mark-downs whereas the opposite holds for wage mark-ups, that is wages above the marginal revenue …