Granular search, market structure, and wages

G Jarosch, JS Nimczik, I Sorkin - Review of Economic Studies, 2024 - academic.oup.com
We develop a model of size-based market power in a frictional labour market. In the
canonical search environment, competition for workers is encoded in outside options. In our …

The labor market effects of legal restrictions on worker mobility

MS Johnson, KJ Lavetti, M Lipsitz - 2023 - nber.org
We analyze how the legal enforceability of noncompete agreements (NCAs) affects labor
markets. Using newly-constructed panel data, we find that higher NCA enforceability …

Outsourcing policy and worker outcomes: Causal evidence from a mexican ban

A Estefan, R Gerhard, JP Kaboski, IO Kondo, W Qian - 2024 - nber.org
ABSTRACT A weakening of labor protection policies is often invoked as one cause of
observed monopsony power and the decline in labor's share of income, but little evidence …

Firm market power, worker mobility, and wages in the US labor market

S Bagga - Journal of Labor Economics, 2023 - journals.uchicago.edu
Worker mobility and wages have declined in the United States amid rising employer market
power. I propose a theory of the labor market in which a decrease in employer competition …

[PDF][PDF] Merger guidelines for the labor market

DW Berger, T Hasenzagl, KF Herkenhoff, S Mongey… - 2023 - aeaweb.org
While the labor market implications of mergers have historically been ignored, recent actions
by the Department of Justice (DOJ) place buyer market power (ie, monopsony) at the …

Firm sorting and spatial inequality

I Lindenlaub, R Oh, M Peters - 2022 - nber.org
We study the importance of spatial firm sorting for inequality both between and within local
labor markets. We develop a novel model of spatial firm sorting, in which heterogeneous …

[PDF][PDF] Human capital at work: Five facts about the role of skills for firm productivity, growth, and wage inequality

C Criscuolo, P Gal, LB Freund - 2024 - lukasbfreund.github.io
Firms vary in their production processes, leading to different occupational skill requirements,
and they employ workers with varying skill levels. The sorting of workers with heterogeneous …

Global labor market power

F Amodio, E Brancati, P Brummund, N de Roux… - 2024 - papers.ssrn.com
We estimate the labor market power of over 13,000 manufacturing establishments across 82
low and middle-income countries around the world. Within local labor markets, larger and …

[PDF][PDF] Monopsoni på arbetsmarknaden–ett snabbväxande forskningsområde

D Lind - Ekonomisk Debatt, 2024 - nationalekonomi.se
Artikeln presenterar och diskuterar den snabbväxande forskningen om arbetsgivares
lönesättarmakt. Den här monopsonin är utbredd och påtaglig på västvärldens …

Non-wage job values and implications for inequality

T Lehmann - 2023 - econstor.eu
I study inequality in job values, both in terms of wages and non-wage values, in Austria over
the period 1996 to 2011. I show that differences in non-wage job value between firms are …