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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w26239 |
来源ID | Working Paper 26239 |
Granular Search, Market Structure, and Wages | |
Gregor Jarosch; Jan Sebastian Nimczik; Isaac Sorkin | |
发表日期 | 2019-09-09 |
出版年 | 2019 |
语种 | 英语 |
摘要 | We develop a model where labor market structure affects the division of surplus between firms and workers. Using Austrian data we show that in more concentrated labor markets, workers are more likely to return to past employers. In our model, the possibility of these re-encounters endows firms with size-based market power since outside options are truly outside the firm: firms do not compete with their own vacancies. Hence, a worker's outside option is worse when bargaining with a larger firm, and wages depend on market structure. The quantified model suggests that such size-based market power could substantially reduce wages. |
主题 | Macroeconomics ; Consumption and Investment ; Labor Economics |
URL | https://www.nber.org/papers/w26239 |
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/583911 |
推荐引用方式 GB/T 7714 | Gregor Jarosch,Jan Sebastian Nimczik,Isaac Sorkin. Granular Search, Market Structure, and Wages. 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 | ||
w26239.pdf(971KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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