| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7981 |
| DP7981 The Distribution of Earnings under Monopsonistic/polistic Competition | |
| Jacques-François Thisse; Eric Toulemonde | |
| 发表日期 | 2010-09-01 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | Recent empirical contributions in labor economics suggest that individual firms face upward sloping labor supplies. We rationalize this by assuming that idiosyncratic non-pecuniary conditions interact with money wages in workers? decisions to work for specific firms. Likewise, firms supply differentiated goods in response to differences in consumer tastes. Hence, firms are price-makers and wage-setters. By combining monopolistic and monopsonistic competition, our setting captures general equilibrium interactions between the two markets. The equilibrium involves double exploitation of labor. Compared to the competitive outcome, the high-productive workers are overpaid under free entry, whereas the low-productive workers are underpaid. In the same vein, capital-owners receive a premium, whereas workers are exploited. |
| 主题 | Industrial Organization ; Labour Economics |
| 关键词 | Worker heterogeneity Monopsonistic competition Monopolistic competition Labor exploitation Wage dispersion |
| URL | https://cepr.org/publications/dp7981 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536818 |
| 推荐引用方式 GB/T 7714 | Jacques-François Thisse,Eric Toulemonde. DP7981 The Distribution of Earnings under Monopsonistic/polistic Competition. 2010. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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