| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16834 |
| DP16834 The Dynamics of Power in Labor Markets: Monopolistic Unions versus Monopsonistic Employers | |
| Samuel Donini; Kjell G Salvanes; Alexander Willén | |
| 发表日期 | 2021-12-25 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | This paper brings together the modern literatures on monopsony power and labor unions by empirically examining the effects of unionization on the dynamics of worker earnings across differently concentrated markets. Exploiting tax reforms to union due deductions as exogenous shocks to unionization, we demonstrate that there is a steep unionization gradient over labor market concentration. We show that there is an equally steep gradient in the union wage premium over concentration and that the premium loads almost exclusively on highly concentrated markets. This result implies a potentially important role of unions as alleviating market failures induced by imperfect competition. To validate our findings and examine robustness to different types of shocks, we extend the analysis by exploiting the emergence of import competition from China as an exogenous shock to employer concentration. This analysis suggest that the negative earnings effect of labor market concentration is eliminated upon reaching a union density of approximately 63 percent at the firm. |
| 主题 | Labour Economics |
| 关键词 | Monopsony Skills Unions market power |
| URL | https://cepr.org/publications/dp16834 |
| 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/545759 |
| 推荐引用方式 GB/T 7714 | Samuel Donini,Kjell G Salvanes,Alexander Willén. DP16834 The Dynamics of Power in Labor Markets: Monopolistic Unions versus Monopsonistic Employers. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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