Granular search market structure and wages
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Granular search market structure and wages
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WebGranular Search, Market Structure, and Wages. 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 … WebDec 22, 2024 · DP14231 Granular Search, Market Structure, and Wages. Gregor Jarosch Jan Sebastian Nimczik; 22 Dec 2024. We build a model where firm size is a source of labor market power. The key mechanism is that a granular employer can eliminate its own vacancies from a worker's outside option in the wage bargain. Hence, a granular …
WebWe 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 … WebSep 30, 2024 · Upcoming Seminars and Events Toggle Upcoming Seminars and Events . 2024 Department of Economics Diploma Ceremony; List of Seminars Toggle List of …
WebDec 12, 2024 · Colloquium on Market Institutions and Economic Processes Conferences/Workshops Stern Economic Seminars Stern Finance Seminars Stern … WebThe paper presented in this Mannheim Applied Seminar develops a model where labor market structure affects the division of surplus between firms and workers. Using Austrian data the authors show that in more concentrated labor markets, workers are…
WebOct 10, 2024 · Granular Search Market Structure and Wages; Granular Search, Market Structure, and Wages. Seminars - Macroeconomics. 10 October 2024. 12:30 - 13:45. Seminar Room 5.e4.sr04 - Via Roentgen 1. Gregor Jarosch (Princeton University) Paper. Events search. All events. All events. Ettore Bocconi Department of Economics. …
WebGranular Search, Market Structure, and Wages (with Gregor Jarosch and Jan Sebastian Nimczik). [PDF, NBER #26239], January 2024, revised and resubmitted, Review of … second marriage in bangladeshWebWe show how wages depend on employment concentration and then use the model to quantify the effects of granular market power. In Austrian micro-data, we find that granular market power depresses wages by about ten percent and can explain 40 percent of the observed decline in the labor share from 1997 to 2015. second marriage in nepalWebGranular Search, Market Structure, and Wages -- by Gregor Jarosch, Jan Sebastian Nimczik, Isaac Sorkin second marriage hindu tamilWebSep 9, 2024 · Granular Search, Market Structure, and Wages. IZA Discussion Paper No. 12574 Number of pages: 69 Posted: 04 Sep 2024. Downloads 31. Granular Search, Market Structure, and Wages. NBER Working Paper No. w26239 Number of pages: 78 Posted: 09 Sep 2024 Last Revised: 13 Mar 2024. pun winterthurWebApr 1, 2024 · We find that a 10% increase in labor market concentration lowers the number of new hires by about 3.2%. That labor market concentration decreases wages and hires is exactly what economic theory would predict in an oligopsonistic labor market (Manning, 2011, Azar, Marinescu, Steinbaum, 2024). Our second finding concerns the impact of … punweos wireless controller for ps4WebGranular Search, Market Structure, and Wages Gregor Jarosch Jan Sebastian Nimczik Isaac Sorkin March 2024 Abstract This paper develops an approach to measuring labor … punwave atdWebWe show how wages depend on employment concentration and then use the model to quantify the effects of granular market power. In Austrian micro-data, we find that granular market power depresses wages by about ten percent and can explain 40 percent of the observed decline in the labor share from 1997 to 2015. second marriage matrimony india