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Discusses and analyzes the hypothesis that monopolistic or oligopolistic industries provide bigger wage increases than competitive industries. Relationship between annual earnings changes and concentration ratios by industry; Discussion of the slowness in concentrated industries to adjust to...
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Focuses on the theories of monopoly power the relative share of labor. Relationship between monopoly power and relative shares; Tests conducted on monopoly-labor share hypothesis; Sample statistics and variables. (Abstract copyright EBSCO.)
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