Labor Market Polarization, Job Tasks, and Monopsony Power
نویسندگان
چکیده
Ronald Bachmann, Gökay Demir and Hanna Frings Bachmann is head of the research unit “Labor Markets, Education, Population” at RWI–Leibniz Institute for Economic Research in Essen, Germany, adjunct professor labor economics Düsseldorf Competition Economics (DICE) Heinrich Heine University Düsseldorf, Fellow IZA. researcher RWI Düsseldorf. deputy
منابع مشابه
Monopsony power and relative wages in the labor market for nurses.
This paper examines the thesis that monopsony power is an important determinant of wages in nursing labor markets. Using data from the 1985-93 Current Population Surveys, measures of relative nurse/non-nurse wage rates for 252 labor markets are constructed. Contrary to predictions from the monopsony model, no positive relationship exists between relative nursing wages and hospital density or ma...
متن کاملMonopsony and Countervailing Power in the Market for Nurses
Introduction In recent years, there have been a number of antitrust suits filed by registered nurses (RNs) alleging that their wages and other terms of employment have been depressed through collusion among the hospitals in their local market. In most of these cases, the issue involved collusive monopsony, which is unlawful as discussed in the Supreme Court’s Mandeville Island Farms decision. T...
متن کاملJob Turnover, Unemployment and Labor Market Institutions
This paper studies the role of labor market institutions on unemployment and on the cyclical properties of job flows. We construct an intertemporal general equilibrium model with search unemployment and endogenous job turnover, and examine the consequences of introducing an unemployment benefit, a firing cost and a downward wage rigidity. The model is able to reproduce the main cyclical propert...
متن کاملLabor market policies and job search
2 A sizable share of unemployment can be attributed to frictions in the labor market. The simultaneous existence of vacancies and job seekers proves that job search requires effort and time. To improve the efficiency of this process, many countries offer active labor market policies. Evaluating how these programs affect job prospects of job seekers is crucial for effective policy making and for...
متن کاملThe Polarization of the U.S. Labor Market
Much research (surveyed in Katz and Autor, 1999) documents a substantial widening of the U.S. wage structure since the late 1970s, driven by increases in educational wage differentials and residual wage inequality. The growth in wage inequality was most rapid during the 1980s, and involved a spreading out of the entire wage distribution. Rapid secular growth in the demand for skills, partly fro...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Human Resources
سال: 2021
ISSN: ['1548-8004', '0022-166X']
DOI: https://doi.org/10.3368/jhr.monopsony.0219-10011r1