| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w27755 |
| 来源ID | Working Paper 27755 |
| Monopsony in Movers: The Elasticity of Labor Supply to Firm Wage Policies | |
| Ihsaan Bassier; Arindrajit Dube; Suresh Naidu | |
| 发表日期 | 2020-08-31 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We provide new estimates of the separations elasticity, a proximate determinant of the labor supply facing a firm with respect to hourly wage, using matched Oregon employer-employee data. Existing estimates using individual wage variation may be biased by mismeasured wages and use of wage variation unrelated to firm choices. We estimate the impact of the firm component of wage variation on separations using both firm fixed effects estimated from a wage equation as well as a matched IV event study around employment transitions between firms. Separations are a declining function of firm wage policies: we find that the implied firm-level labor supply elasticities generated are around 4, consistent with recent experimental and quasi-experimental evidence, and that they are approximately 3 to 4 times larger that those using individual wages. Further, we find lower separations elasticities for low wage workers, high turnover sectors, and periods of economic downturn but with little heterogeneity by urban status or labor market concentration. We conclude that monopsonistic competition is pervasive, and largely independent of forces driving classical monopsony. |
| 主题 | Labor Economics ; Labor Compensation ; Labor Market Structures |
| URL | https://www.nber.org/papers/w27755 |
| 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/585427 |
| 推荐引用方式 GB/T 7714 | Ihsaan Bassier,Arindrajit Dube,Suresh Naidu. Monopsony in Movers: The Elasticity of Labor Supply to Firm Wage Policies. 2020. |
| 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 | ||
| w27755.pdf（999KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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