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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w25954 |
来源ID | Working Paper 25954 |
Imperfect Competition, Compensating Differentials and Rent Sharing in the U.S. Labor Market | |
Thibaut Lamadon; Magne Mogstad; Bradley Setzler | |
发表日期 | 2019-06-17 |
出版年 | 2019 |
语种 | 英语 |
摘要 | We quantify the importance of imperfect competition in the U.S. labor market by estimating the size of rents earned by American firms and workers from ongoing employment relationships. To this end, we construct a matched employer-employee panel data set by combining the universe of U.S. business and worker tax records for the period 2001-2015. Using this panel data, we identify and estimate an equilibrium model of the labor market with two-sided heterogeneity where workers view firms as imperfect substitutes because of heterogeneous preferences over non-wage job characteristics. The model allows us to draw inference about imperfect competition, compensating differentials and rent sharing. We also use the model to quantify the relevance of non-wage job characteristics and imperfect competition for inequality and tax policy, to assess the economic determinants of worker sorting, and to offer a unifying explanation of key empirical features of the U.S. labor market. |
主题 | Labor Economics ; Labor Supply and Demand ; Labor Compensation ; Labor Market Structures |
URL | https://www.nber.org/papers/w25954 |
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/583628 |
推荐引用方式 GB/T 7714 | Thibaut Lamadon,Magne Mogstad,Bradley Setzler. Imperfect Competition, Compensating Differentials and Rent Sharing in the U.S. Labor Market. 2019. |
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 | ||
w25954.pdf(811KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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