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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP13265 |
DP13265 Monopsony in the UK | |
Will Abel; Silvana Tenreyro; Gregory Thwaites | |
发表日期 | 2018-10-20 |
出版年 | 2018 |
语种 | 英语 |
摘要 | We study the evolution and effects of monopsony power in the UK private sector labour market from 1998 to 2017. Using linked employee-firm micro-data, we find that: (1) Measures of monopsony have been relatively stable across the time period examined - rising prior to the crisis, before subsequently falling again. (2) There is substantial cross-sectional variation in monopsony at the industry level. (3) Higher levels of labour market concentration are associated with lower pay amongst workers not covered by a collective bargaining agreement. (4) For workers covered by a collective bargaining agreement, the association between labour market concentration and pay is greatly reduced and in most cases disappears. (5) The link between productivity and wage levels is weaker when labour markets are more concentrated. |
主题 | Labour Economics ; Monetary Economics and Fluctuations |
关键词 | Monopsony Labour markets market power Unionization |
URL | https://cepr.org/publications/dp13265 |
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/542074 |
推荐引用方式 GB/T 7714 | Will Abel,Silvana Tenreyro,Gregory Thwaites. DP13265 Monopsony in the UK. 2018. |
条目包含的文件 | 条目无相关文件。 |
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