G2TT
来源类型Discussion paper
规范类型论文
来源IDDP13265
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
URLhttps://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.
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