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Labor market imperfections and the firm's wage setting policy
Félix, Sónia; Portugal, Pedro - 2016
that firm's monopsony power affects negatively the earnings of its workers and firm's total factor productivity is … considerably associated with higher earnings, ceteris paribus. We also find that firms use monopsony power for wage differentiation …
Persistent link: https://www.econbiz.de/10011543455
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Imperfect competition, compensating differentials and rent sharing in the U.S. labor market
Lamadon, Thibaut; Mogstad, Magne; Setzler, Bradley - 2019
The primary goal of our paper is to quantify the importance of imperfect competition in the U.S. labor market by estimating the size of rents earned by American firms and workers from ongoing employment relationships. To this end, we construct a matched employeremployee panel data set by...
Persistent link: https://www.econbiz.de/10012105121
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Labor Market Imperfections and the Firm's Wage Setting Policy
Félix, Sónia - 2016
that firm's monopsony power affects negatively the earnings of its workers and firm's total factor productivity is … considerably associated with higher earnings, ceteris paribus. We also find that firms use monopsony power for wage differentiation …
Persistent link: https://www.econbiz.de/10012982110
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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
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Elasticity of Supply to the Firm and the Business Cycle
Depew, Briggs; Sorensen, Todd - Institute for the Study of Labor (IZA) - 2011
A body of recent empirical work has found strong evidence that the labor elasticity of supply to the firm is finite, implying that firms may have wage setting power. However, these studies capture only snapshots of the parameter. We study this parameter over a period that provides substantial...
Persistent link: https://www.econbiz.de/10009283592
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Elasticity of supply to the firm and the business cycle
Depew, Briggs; Sorensen, Todd - 2011
A body of recent empirical work has found strong evidence that the labor elasticity of supply to the firm is finite, implying that firms may have wage setting power. However, these studies capture only snapshots of the parameter. We study this parameter over a period that provides substantial...
Persistent link: https://www.econbiz.de/10010280718
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Imperfect competition, compensating differentials and rent sharing in the U.S. labor market
Lamadon, Thibaut; Mogstad, Magne; Setzler, Bradley - 2019
The primary goal of our paper is to quantify the importance of imperfect competition in the U.S. labor market by estimating the size of rents earned by American firms and workers from ongoing employment relationships. To this end, we construct a matched employeremployee panel data set by...
Persistent link: https://www.econbiz.de/10012145563
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Is there monopsonistic discrimination against immigrants? : first evidence from linked employer-employee data
Hirsch, Boris; Jahn, Elke J. - 2012
dynamic monopsony framework. Applying duration models to a large administrative employer-employee data set for Germany, we … results imply that discriminating against immigrants is profitable rather than costly. -- monopsony ; native-immigrant wage …
Persistent link: https://www.econbiz.de/10009535767
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Is there monopsonistic discrimination against immigrants? : first evidence from linked employer-employee data
Hirsch, Boris; Jahn, Elke J. - 2012
dynamic monopsony framework. Applying duration models to a large administrative employer–employee data set for Germany, we … results imply that employers profit from discriminating against immigrants. -- Monopsony ; native–immigrant wage differential …
Persistent link: https://www.econbiz.de/10009664304
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Is there monopsonistic discrimination against immigrants? : first evidence from linked employer-employee data
Hirsch, Boris; Jahn, Elke J. - 2012
dynamic monopsony framework. Applying duration models to a large administrative employer employee data set for Germany, we … results imply that discriminating against immigrants is profitable rather than costly. -- monopsony ; native-immigrant wage …
Persistent link: https://www.econbiz.de/10009670702