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Monopsony competition and the minimum wage : evidence from Germany ; conference paper

Bachmann, Ronald; Frings, Hanna - 2014 - Preliminary

This paper investigates the degree of monoposony power of German employers in different industries, using a semi-structural approach based on a dynamic model of monopsonistic competition. The empirical analysis is based on a linked employer-employee data set which allows us to control for...

Persistent link: https://www.econbiz.de/10010483879

The wage-setting power of firms : rent-sharing and monopsony in South Africa

Bassier, Ihsaan - 2019

of monopsony fail to use firm-level wage variation. I address this by using the estimated firm wage premia to estimate … how wages are related to rent-sharing and monopsony power. I find that the average worker switching from a firm in the 25 … distribution of monopsony, as measured by the Herfindahl-Hirschman Index in industry-by-local labour market hires, decreases wages …

Persistent link: https://www.econbiz.de/10012003704

Decomposing recruitment elasticity in job matching

Kambayashi, Ryo; Kawaguchi, Kohei; Otani, Suguru - 2025

This study estimates and decomposes recruitment elasticity, a key measure of employer market power, across job-matching stages using data from Japan's largest job-matching intermediary. On average, recruitment elasticity is negative but not statistically significantly different from zero....

Persistent link: https://www.econbiz.de/10015183327

Monopsony in the New Zealand labour market : first estimates from administrative data

Allan, Corey; Maré, David C.; Hyslop, Dean Robert - 2025

We examine employer monopsony power in the New Zealand private sector labour market. New Zealand has a small … microdata from StatsNZ's Longitudinal Business Database (LBD) and Integrated Data Infrastructure (IDI), we estimate monopsony … presence of employer monopsony power in New Zealand's private sector, although the extent of that power may be limited. …

Persistent link: https://www.econbiz.de/10015183328

The wage elasticity of recruitment

Hirsch, Boris; Jahn, Elke J.; Manning, Alan; … - 2022

One of the factors likely to affect the market power of employers is the sensitivity of the flow of recruits to the offered wage, but there is very little research on this. This paper presents a methodology for estimating the wage elasticity of recruitment and applies it to German data. Our...

Persistent link: https://www.econbiz.de/10013431623

Labor market competition and inequality

Garcia-Louzao, Jose; Ruggieri, Alessandro - 2023

Does competition in the labor market affect wage inequality? Standard textbook monopsony models predict that lower …

Persistent link: https://www.econbiz.de/10014444069

Organised labour, labour market imperfections, and employer wage premia

Dobbelaere, Sabien; Hirsch, Boris; Müller, Steffen; … - Leibniz-Institut für Wirtschaftsforschung Halle - 2023 - This version: 13.11.2023

This paper examines how collective bargaining through unions and workplace co-determination through works councils relate to labour market imperfections and how labour market imperfections relate to employer wage premia. Based on representative German plant data for the years 1999-2016, we...

Persistent link: https://www.econbiz.de/10014425610

Sex differences in pay in a "new monopsony" model of the labor market

Ransom, Michael R. (contributor); … - 2005

We use a simple framework, adopted from general equilibrium search models, to estimate the extent to which monopsony … labor supply predict wage differences that are close to the observed male/female wage differences at the firm. -- monopsony …

Persistent link: https://www.econbiz.de/10003222500

Wage theft, economic conditions, and market power : the case of H-1B workers

DeVaro, Jed; Norlander, Peter - 2021

This study explores what determines employers' violations of the wage contracts of workers on H-1B temporary work visas, which occur when firms pay those workers below the promised prevailing or "market" wage. A theoretical framework is proposed that predicts more violations during economic...

Persistent link: https://www.econbiz.de/10012520574

Classic Monopsony or New Monopsony? Searching for Evidence in Nursing Labor Markets

Hirsch, Barry T.; Schumacher, Edward J. - 2010

The market for hospital registered nurses (RNs) is often offered as an example of "classic" monopsony, while a "new …" monopsony literature emphasizes firm labor supply being upwardsloping for reasons other than market structure. Using data from … several sources, we explore the relationship between wages and measures of classic and new monopsony. Micro wage data for 1993 …

Persistent link: https://www.econbiz.de/10014071411