Search Results - subject_exact:"Monopson"

The payoffs of higher pay : labor supply and productivity responses to a voluntary firm minimum wage

Emanuel, Natalia; Harrington, Emma - 2026

What are the returns to firms of paying more? We study a Fortune 500 firm's voluntary firm-wide $15/hour minimum wage, which affected some warehouses more than others. Using a continuous difference-in-differences design, we find that a $1/hour pay increase (5.5 percent) halves worker departures,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015604670

Collective bargaining and monopsony : the regulation of noncompete agreements in France

Boeri, Tito; Crescioli, Tommaso; Garnero, Andrea; … - 2026

Can collective bargaining mitigate monopsony power? This paper addresses this question by examining how the regulation of noncompete agreements for employees by collective agreements affects firm-level markdowns in the French manufacturing sector. Using a staggered difference-in-differences...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015637819

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Collective bargaining and monopsony : the regulation of noncompete agreements in France

Boeri, Tito; Crescioli, Tommaso; Garnero, Andrea; … - 2025

Book / Working Paper

Outsourcing policy and worker outcomes : causal evidence from a Mexican ban

Estefan, Alejandro; Gerhard, Roberto; Kaboski, Joshep P.; … - 2026

Using Mexican economic census data from 1994 to 2019, we document a rising trend in domestic outsourcing, particularly among large firms, and a negative association between outsourcing and labor compensation, including profit sharing and social security. We leverage higher-frequency data from a...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015638093

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Outsourcing policy and worker outcomes : causal evidence from a Mexican ban

Estefan, Alejandro; Gerhard, Roberto; Kaboski, Joseph Paul - 2024

Book / Working Paper

Dynamic of labour market concentration : trajectory of immigrants in Canada

Diallo, Yaya; Djolaud, Guy Arnold - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015643445

Labor market competition and inequality

Garcia-Louzao, Jose; Ruggieri, Alessandro - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015656435

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Labor market competition and inequality

Garcia-Louzao, Jose; Ruggieri, Alessandro - 2023

Book / Working Paper

Labor market competition and inequality

Garcia-Louzao, Jose; Ruggieri, Alessandro - 2023

Book / Working Paper

Separations Revisited : Do Layoffs or Quits Drive Lower Separation Rates in High-Quality Firms?

Castro Dobbin, Cauê de; Fernandez, Daniel; Zohar, Tom - 2026

A well-known empirical regularity is that high-productivity firms have lower worker separation rates, but it is unclear whether this pattern reflects quits or layoffs. Using matched employer-employee data from Brazil that distinguish the reason for each separation, we show that the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015653941

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Separations revisited : do layoffs or quits drive lower separation rates in high-quality firms?

Castro Dobbin, Cauê de; Fernandez, Daniel; Zohar, Tom - 2026

Book / Working Paper

Off the labor supply curve : the zero employer size wage effect within large firms

Diegmann, André; Müller, Steffen; Schoefer, Benjamin - 2026

We revisit the employer size wage effect (ESWE) - arguably the most basic and influential departure from the law of one price for labor. Our main result is that this canonical fact disappears completely across establishments within the same firm, even though they operate in different local labor...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015651627

Monopsony in academia and the gender pay gap : evidence from California

Yu, Zhanhan; Flores-Lagunes, Alfonso - 2026

We investigate monopsony power in a highly skilled labor market made up of tenure-ranked faculty in the University of California system, and analyze differential monopsony power exposure by gender. We infer the campus-level labor supply elasticity by estimating the elasticity of separations...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015636996

Internal pay equity and the quantity-quality trade-off in hiring

Amior, Michael; San, Shmuel - 2026

Firms face significant constraints in their ability to differentiate pay by worker productivity. We show how these internal equity constraints generate a quantity-quality tradeoff in hiring: firms which offer higher wages attract higher skilled workers, but cannot profitably employ lower skilled...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015653507

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Internal pay equity and the quantity-quality trade-off in hiring

Amior, Michael; San, Shmuel - 2026

Book / Working Paper

Labor market monopsony : fundamentals and frontiers

Kline, Patrick - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015606459

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Labor market monopsony: Fundamentals and frontiers

Kline, Patrick - 2025

Book / Working Paper

Labor market monopsony : fundamentals and frontiers

Kline, Patrick - 2025

Book / Working Paper

Labor Market Monopsony : Fundamentals and Frontiers

Kline, Patrick - 2025

Book / Working Paper

How do establishments choose their location? : taxes, monopsony, and productivity

Van der List, Catherine - 2025

To study the distribution of economic activity across space and place-based policies, I develop a model of the location choice of new establishments incorporating monopsonistic labor markets, taxes, and spillovers. Estimates using German administrative data indicate that establishments prefer...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015324290

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How Do Establishments Choose Their Location? Taxes, Monopsony, and Productivity

van der List, Catherine - 2025

Book / Working Paper

Wettbewerbssituation auf deutschen Arbeitsmärkten: In konzentrierten Märkten fällt die Qualität der Beschäftigung geringer aus

Oberfichtner, Michael; Popp, Martin - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015449275

Monopsonistic wage-setting and monetary policy

Kurozumi, Takushi; Sugioka, Yu; Van Zandweghe, Willem - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015618918

When do employers share? : rent sharing, monopsony and minimum wages

Bassier, Ihsaan; Budlender, Joshua - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015532040

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When do employers share? : rent sharing, monopsony and minimum wages

Bassier, Ihsaan; Budlender, Joshua - 2025

Book / Working Paper

Labor market concentration in Germany

Oberfichtner, Michael; Popp, Martin - 2025

Using register data, we document that the average German labor market, defined by hires in combinations of 3-digit occupations, requirement levels, and commuting zones, is highly concentrated ( HHI ̄ $\bar{\text{HHI}}$ =0.257). By EU antitrust thresholds, 56 percent of these labor markets...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015597158

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Labor market concentration in Germany

Oberfichtner, Michael; Popp, Martin - 2025

Book / Working Paper

Monopsony power and creative destruction : static loss, faster growth

Maassen, Isabella; Mellgren, Filip; Overhage, Jonas - 2025

Monopsonistic labor markets create misallocation of labor while generating profits. These in turn incentivize firms to innovate, which drives aggregate growth. This paper explores the trade-off between static efficiency and growth by developing a tractable endogenous growth model with...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015372029

The macroeconomic dynamics of labor market policies

Hurst, Erik; Kehoe, Patrick J.; Pastorino, Elena; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015331081

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The Macroeconomic Dynamics of Labor Market Policies

Hurst, Erik; Kehoe, Patrick J.; Pastorino, Elena; … - 2025

Book / Working Paper

The macroeconomic dynamics of labor market policies

Hurst, Erik; Pastorino, Elena; Winberry, Thomas; Kehoe, … - 2023

Book / Working Paper

The macroeconomic dynamics of labor market policies

Hurst, Erik; Kehoe, Patrick J.; Pastorino, Elena; … - 2025

Book / Working Paper

Political bias in the media : evidence from the Universe of French Broadcasts, 2002-2020

Cagé, Julia; Hengel, Moritz; Hervé, Nicolas; Urvoy, … - 2025

How does the media bias the news? And in particular, how much does it cost owners to ensure that journalists comply with their stance? We compile a unique dataset of journalists and guests appearing on French television and radio shows between 2002 and 2020 to quantify the role played by...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015333203

Wage setting in multiproduct firms

Chan, Jackie M. L.; Irlacher, Michael; Koch, Michael; … - 2025 - Original version: February 2025, this version: September 2025

This paper identifies product scope as a new determinant of firm-level wage markdowns. Using Danish matched employer-employee data, we document a negative elasticity between wages and scope, which has a similar magnitude to the firm-size wage premium but the opposite sign. Additional empirical...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015608372

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Wage setting in multiproduct firms

Chan, Jackie M. L.; Irlacher, Michael; Koch, Michael; … - 2025

Book / Working Paper

Wage setting in multiproduct firms

Chan, Jackie M. L.; Irlacher, Michael; Koch, Michael; … - 2025

Book / Working Paper

Monopsony power, offshoring, and a European minimum wage

Egger, Hartmut; Kreickemeier, Udo; Wrona, Jens - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015358729

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Monopsony power, offshoring, and a European minimum wage

Egger, Hartmut; Kreickemeier, Udo; Wrona, Jens - 2024

Book / Working Paper

City size, employer concentration, and wage income inequality

Halvarsson, Daniel; Korpi, Martin - 2025

This study investigates the relationship between the urban wage premium and employer concentration using Swedish full population employer-employee data. Departing from an AKM modeling framework to distinguish worker from firm specific heterogeneity - a measure of rent-sharing - we then measure...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015386496

Five facts on non-compete and related clauses in OECD countries

Andrews, Dan; Garnero, Andrea - 2025

Restraints clauses that prevent workers from joining (or starting) a competing firm (non-compete clauses), the disclosure of confidential information or the poaching of former co-workers or clients are traditionally justified to protect legitimate business interests (e.g. trade secrets,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015393619

Estimating labour market power : the long and short of it

Bassier, Ihsaan; Manning, Alan - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015423309

Employer monopsony power does not reduce the value of a statistical life

Cramer, Robert J.; Kniesner, Thomas J.; Viscusi, W. Kip - 2025

Although wage rates are lower when employers have monopsony power, we find that the value of a statistical life (VSL) is not reduced when labor markets are more concentrated. Because the estimated VSL is the product of the wage and the wage-risk tradeoff rate, a greater tradeoff rate in highly...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015464620

Robinson meets Roy: monopsony power and comparative advantage

Bils, Mark; Kaymak, Barış; Wu, Kai-Jie - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015451236

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Robinson Meets Roy : Monopsony Power and Comparative Advantage

Bils, Mark; Kaymak, Bariş; Wu, Kai-Jie - 2025

Book / Working Paper

An information-based theory of monopsony power

Cheremukhin, Anton; Restrepo-Echavarria, Paulina - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015560555

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An information-based theory of monopsony power

Cheremukhin, Anton; Restrepo-Echavarria, Paulina - 2025

Book / Working Paper

Working time reductions and monopsony power

Germain, Antoine - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015407686

Markups, markdowns, and bargaining in a vertical supply chain

Avignon, Rémi; Chambolle, Claire; Guigue, Etienne; … - 2025 - Original version: July 2025, this version: December 2025

This article bridges monopoly, monopsony, and countervailing power theories to analyze their welfare implications in a vertical supply chain. We develop a bilateral monopoly model with bargaining that accommodates upstream monopsony and downstream monopoly power. In equilibrium, the ''short-side...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015605635

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Markups, markdowns, and bargaining in a vertical supply chain

Avignon, Rémi; Chambolle, Claire; Guigue, Etienne; … - 2025

Book / Working Paper

Concentration and mergers : evidence from Italian labor markets

Passerini, Filippo - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015457696

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Concentration and mergers : evidence from Italian labor markets

Passerini, Filippo - 2023

Book / Working Paper

Labour market power, firm productivity, and the immigrant-native pay gap

Tino, Stephen - 2025

This paper examines the importance of labor market power and firm productivity for understanding the immigrant-native pay gap. Using matched employer-employee data from Canada, I estimate a wage-posting model that incorporates two-sided heterogeneity and strategic interactions in wage setting....

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015458405

Bias in estimating returns to tenure : the impact of monopsony power

Snell, Andy; Thomas, Jonathan P.; Martins, Pedro S. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015459703

The labor market consequences of acquisitions

Beuschlein, Jakob; Jósef Sigurdsson; Wong, Horng Chern - 2025

We study the effects of corporate acquisitions on workers using Swedish administrative data and document substantial, persistent earnings losses following acquisitions. These losses reflect both displacement and wage cuts among stayers from target firms. We find no evidence that increased...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015462383

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The labor market consequences of acquisitions

Beuschlein, Jakob; Jósef Sigurdsson; Wong, Horng Chern - 2025

Book / Working Paper

Private equity and workers : modeling and measuring monopsony, reallocation, and trust

Herkenhoff, Kyle; Lerner, Joshua; Phillips, Gordon M.; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015425647

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Private equity and workers : modeling and measuring monopsony, reallocation, and trust

Herkenhoff, Kyle; Lerner, Joshua; Phillips, Gordon M.; … - 2025

Book / Working Paper

Monopsonistic labour markets

Egger, Hartmut; Hirsch, Boris - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015597141

Monopsony : wages, wage bargaining and job requirements

Anderlik, Jasmin; Jumaniyozova, Malika; Schmidpeter, … - 2025

Using linked vacancy-employer-employee data from Austria, we investigate how monopsony power affects firms' posting behavior and wage negotiations. Consistent with theoretical predictions, we find that firms with greater monopsony power post lower wages and offer fewer non-wage amenities,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015597160

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Monopsony : wages, wage bargaining and job requirements

Anderlik, Jasmin; Jumaniyozova, Malika; Schmidpeter, … - 2024

Book / Working Paper

Monopsony : wages, wage bargaining and job requirements

Anderlik, Jasmin; Jumaniyozova, Malika; Schmidpeter, … - 2024

Book / Working Paper

Monopsony : wages, wage bargaining and job requirements

Anderlik, Jasmin; Jumaniyozova, Malika; Schmidpeter, … - 2024

Book / Working Paper

Employer concentration and wages : evidence from large firms' hiring shocks

Schubert, Gregor; Stansbury, Anna; Taska, Bledi; Dey, … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015550014

Monopsony power and firm organization

Delgado-Prieto, Lukas; Jáñez, Álvaro - 2025

Monopsony power may be particularly strong in certain hierarchical occupations within firms, and production complementarities between occupations may amplify its adverse effects. To quantify this phenomenon, we extend a general equilibrium oligopsony model to include firm organization. Adding a...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015652506

Labor market power and financial leverage : evidence from online job postings

Bai, Jianqiu; Massa, Massimo; Wan, Chi; Wang, Yan - 2025 - Revised version of 2024/55/FIN

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015397505

Does competition from for-profit firms raise wages for preschool workers?

Edmark, Karin; Persson, Lovisa - 2025

We study the wage effects of an expansion of for-profit preschools in Sweden, which followed after a reform in 2006 removed municipalities' right to veto private entry. The expansion decreased preschool employers' monopsony power by increasing the number of alternative employers. We use a...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015532978

The gender pay gap : micro sources and macro consequences

Morchio, Iacopo; Moser, Christian - 2025

Using linked employer-employee data from Brazil, we document a large gender pay gap due to women working at lower-paying employers. To interpret this fact, we develop an equilibrium search model with endogenous firm pay, amenities, and hiring. We provide a constructive proof of identification of...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015182865

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The gender pay gap : micro sources and macro consequences

Morchio, Iacopo; Moser, Christian - 2023

Book / Working Paper

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, ebvufind01.dmz1.zbw.eu/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, geographically dispersed population, meaning that outside employment options for workers may be limited. However, New Zealand is generally considered to have a flexible labour market...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015183328

Nominal wage patterns, monopsony, and labour market power in early modern England

Paker, Meredith M.; Stephenson, Judy; Wallis, Patrick - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015401907

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Nominal wage patterns, monopsony, and labour market power in early modern England

Paker, Meredith; Stephenson, Judy; Wallis, Patrick - 2023

Book / Working Paper

Collective bargaining networks and the propagation of shocks

Hermo, Santiago - 2025

How does collective bargaining shape the labor market response to economic shocks? I use novel Argentine administrative data to uncover the network of firms linked by collective bargaining and show that positive product-demand shocks to firms within a bargaining unit raise wages at other...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015665617

A human capital theory of who escapes the grasp of the local monopsonist

Kahn, Matthew E.; Tracy, Joseph S. - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014581789

Monopsony: Wages, wage bargaining and job requirements

Anderlik, Jasmin; Jumaniyozova, Malika; Schmidpeter, … - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015182882

No one got paid what they were worth! : exploring player value in the early history of professional basketball

Berri, David J. - 2024

Prior to the ABA coming into existence in 1967, the NBA enjoyed a monopsony in the market for professional basketball talent in the United States. One would predict that a monopsony would be able to exploit the talent employed. The arrival of the ABA, though, theoretically should have...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015054144

The effect of franchise no-poaching restrictions on worker earnings

Callaci, Brian; Gibson, Matthew; Pinto, Sérgio; … - 2024

We evaluate the nationwide impact of the Washington State attorney general's 2018-2020 enforcement campaign against no-poach clauses in franchising contracts, which prohibited worker movement across locations within a chain. Implementing a staggered difference-indifferences research design using...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015055680

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The effect of franchise no-poaching restrictions on worker earnings

Callaci, Brian; Gibson, Matthew; Pinto, Sérgio; … - 2023

Book / Working Paper

Local monopsony power

Datta, Nikhil - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014631337

Local labor market concentration and capital structure decisions

Bai, Jianqiu; Massa, Massimo; Wan, Chi; Wang, Yan - 2024 - Revised version of 2022/40/FIN

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015071917