| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w24307 |
| 来源ID | Working Paper 24307 |
| Strong Employers and Weak Employees: How Does Employer Concentration Affect Wages? | |
| Efraim Benmelech; Nittai Bergman; Hyunseob Kim | |
| 发表日期 | 2018-02-12 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | We analyze the effect of local-level labor market concentration on wages. Using Census data over the period 1977–2009, we find that: (1) local-level employer concentration exhibits substantial cross-sectional and time-series variation and increases over time; (2) consistent with labor market monopsony power, there is a negative relation between local-level employer concentration and wages that is more pronounced at high levels of concentration and increases over time; (3) the negative relation between labor market concentration and wages is stronger when unionization rates are low; (4) the link between productivity growth and wage growth is stronger when labor markets are less concentrated; and (5) exposure to greater import competition from China (the “China Shock”) is associated with more concentrated labor markets. These five results emphasize the role of local-level labor market monopsonies in influencing firm wage-setting behavior and can potentially explain some of the stagnation of wages in the United States over the past several decades. |
| 主题 | Macroeconomics ; Consumption and Investment ; Labor Economics ; Labor Supply and Demand ; Labor Compensation ; Labor Market Structures |
| URL | https://www.nber.org/papers/w24307 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581978 |
| 推荐引用方式 GB/T 7714 | Efraim Benmelech,Nittai Bergman,Hyunseob Kim. Strong Employers and Weak Employees: How Does Employer Concentration Affect Wages?. 2018. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w24307.pdf（902KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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