remuneration are twofold: they can incentivize workers and make it easier to adjust wages downward in response to negative shocks …

concentration within smaller cities, primarily help explain the variance of top wages within these cities/labor markets. …

-paying firms possess high and increasing labour market power and pay wages below competitive levels, whereas low-wage firms pay … competitive wages. Over time, large, high-wage, high-productivity firms generate increasingly large labour market rents while …

-paying firms possess high and increasing labour market power and pay wages below competitive levels, whereas low-wage firms pay … competitive wages. Over time, large, high-wage, high-productivity firms generate increasingly large labour market rents while …

data from 1995 to 2016. Over time, firm- and employee-side labour market power, defined as the difference between wages and …, low-wage, low-MRPL firms possess no labour market power and pay wages equal to or even above their MRPL, whereas large …, high-wage, high-MRPL firms possess high labour market power and pay wages below their MRPL. These wage-MRPL differences …

data from 1995 to 2016. Over time, firm- and employee-side labour market power, defined as the difference between wages and …, low-wage, low-MRPL firms possess no labour market power and pay wages equal to or even above their MRPL, whereas large …, high-wage, high-MRPL firms possess high labour market power and pay wages below their MRPL. These wage-MRPL differences …

This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using … unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to … workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony …

Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to … expectations about inflation and future growth. Migration plays a significant role to balance wages across regions and countries …. Wage growth has been low in most developed economies because of underutilized labor if properly measured. Germany seems to …

We investigate the impact of labor market concentration on average wages and decompose it into its effects on new hires …. Using administrative data for France, we find that concentration negatively affects both new hires' and incumbents' wages … wages into its different components, we find that the negative effect on incumbents' wages accounts for between two thirds …