메뉴 건너뛰기




Volumn 35, Issue , 2015, Pages 123-134

Firm market power and the earnings distribution

Author keywords

Earnings inequality; Monopsony; Worker mobility

Indexed keywords


EID: 84931260564     PISSN: 09275371     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.labeco.2015.05.003     Document Type: Article
Times cited : (100)

References (59)
  • 1
    • 0041928141 scopus 로고    scopus 로고
    • The costs of hiring and separations
    • Abowd J., Kramarz F. The costs of hiring and separations. Labour Econ. 2003, 10:499-530.
    • (2003) Labour Econ. , vol.10 , pp. 499-530
    • Abowd, J.1    Kramarz, F.2
  • 2
    • 79952441687 scopus 로고    scopus 로고
    • National estimates of gross employment and job flows from the quarterly workforce indicators with demographic and industry detail
    • Abowd J., Vilhuber L. National estimates of gross employment and job flows from the quarterly workforce indicators with demographic and industry detail. J. Econ. 2011, 161:82-99.
    • (2011) J. Econ. , vol.161 , pp. 82-99
    • Abowd, J.1    Vilhuber, L.2
  • 4
    • 0002159777 scopus 로고    scopus 로고
    • Individual and firm heterogeneity in compensation: an analysis of matched longitudinal employer-employee data for the state of Washington
    • North Holland, Amsterdam, J. Haltiwanger (Ed.)
    • Abowd J., Finer H., Kramarz F. Individual and firm heterogeneity in compensation: an analysis of matched longitudinal employer-employee data for the state of Washington. The Creation and Analysis of Employer-Employee Matched Data 1999, 3-24. North Holland, Amsterdam. J. Haltiwanger (Ed.).
    • (1999) The Creation and Analysis of Employer-Employee Matched Data , pp. 3-24
    • Abowd, J.1    Finer, H.2    Kramarz, F.3
  • 5
    • 0000114625 scopus 로고    scopus 로고
    • High wage workers and high wage firms
    • Abowd J., Kramarz F., Margolis D. High wage workers and high wage firms. Econometrica 1999, 67:251-335.
    • (1999) Econometrica , vol.67 , pp. 251-335
    • Abowd, J.1    Kramarz, F.2    Margolis, D.3
  • 7
    • 0020129460 scopus 로고
    • Unions and hospitals, some unresolved issues
    • Adamache K., Sloan F. Unions and hospitals, some unresolved issues. J. Health Econ. 1982, 1(1):81-108.
    • (1982) J. Health Econ. , vol.1 , Issue.1 , pp. 81-108
    • Adamache, K.1    Sloan, F.2
  • 8
    • 0000459494 scopus 로고    scopus 로고
    • Minimum wages for Ronald McDonald monopsonies: a theory of monopsonistic competition
    • April
    • Bhaskar V., To T. Minimum wages for Ronald McDonald monopsonies: a theory of monopsonistic competition. Econ. J. 1999, April:190-203.
    • (1999) Econ. J. , pp. 190-203
    • Bhaskar, V.1    To, T.2
  • 9
    • 84925928800 scopus 로고
    • An empirical test of the theory of on-the-job search
    • Black M. An empirical test of the theory of on-the-job search. J. Hum. Resour. 1981, 16(1):129-140.
    • (1981) J. Hum. Resour. , vol.16 , Issue.1 , pp. 129-140
    • Black, M.1
  • 10
    • 85056007515 scopus 로고
    • Potential monopsony in labor markets
    • Bronfenbrenner M. Potential monopsony in labor markets. Ind. Labor Relat. Rev. 1956, 9(4):577-588.
    • (1956) Ind. Labor Relat. Rev. , vol.9 , Issue.4 , pp. 577-588
    • Bronfenbrenner, M.1
  • 11
    • 84931278690 scopus 로고    scopus 로고
    • Variation in monopsonistic behavior across establishments: evidence from the Indonesian labor market
    • Brummund P. Variation in monopsonistic behavior across establishments: evidence from the Indonesian labor market. Working Paper 2011.
    • (2011) Working Paper
    • Brummund, P.1
  • 13
    • 0010108855 scopus 로고    scopus 로고
    • Wage differentials, employer size, and unemployment
    • Burdett K., Mortensen D. Wage differentials, employer size, and unemployment. Int. Econ. Rev. 1998, 39(2):257-273.
    • (1998) Int. Econ. Rev. , vol.39 , Issue.2 , pp. 257-273
    • Burdett, K.1    Mortensen, D.2
  • 14
    • 84897615117 scopus 로고    scopus 로고
    • Optimal taxation and monopsonistic labor market: does monopsony justify the minimum wage?
    • Cahuc P., Laroque G. Optimal taxation and monopsonistic labor market: does monopsony justify the minimum wage?. J. Public Econ. Theory 2014, 16(2):259-273.
    • (2014) J. Public Econ. Theory , vol.16 , Issue.2 , pp. 259-273
    • Cahuc, P.1    Laroque, G.2
  • 16
    • 84931278691 scopus 로고    scopus 로고
    • Elasticity of labor supply to the firm over the business cycle
    • Depew B., Sorensen T. Elasticity of labor supply to the firm over the business cycle. iZA Working Paper 5928 2012.
    • (2012) iZA Working Paper 5928
    • Depew, B.1    Sorensen, T.2
  • 17
    • 84904666753 scopus 로고    scopus 로고
    • On input market frictions and estimation of factors demand
    • Dupuy A., Sorensen T. On input market frictions and estimation of factors demand. South. Econ. J. 2014, 80(3):772-781.
    • (2014) South. Econ. J. , vol.80 , Issue.3 , pp. 772-781
    • Dupuy, A.1    Sorensen, T.2
  • 18
    • 0020350936 scopus 로고
    • The union impact on hospital wages and fringe benefits
    • Feldman R., Scheffler R. The union impact on hospital wages and fringe benefits. Ind. Labor Relat. Rev. 1982, 35:196-206.
    • (1982) Ind. Labor Relat. Rev. , vol.35 , pp. 196-206
    • Feldman, R.1    Scheffler, R.2
  • 19
    • 65949087891 scopus 로고    scopus 로고
    • Unconditional quantile regressions
    • Firpo S., Fortin N., Lemieux T. Unconditional quantile regressions. Econometrica 2009, 77(3):953-973.
    • (2009) Econometrica , vol.77 , Issue.3 , pp. 953-973
    • Firpo, S.1    Fortin, N.2    Lemieux, T.3
  • 21
    • 77952471017 scopus 로고    scopus 로고
    • Long-term effects of a recession at labor market entry in Japan and the United States
    • Genda Y., Kondo A. Long-term effects of a recession at labor market entry in Japan and the United States. J. Hum. Resour. 2010, 45(1):157-196.
    • (2010) J. Hum. Resour. , vol.45 , Issue.1 , pp. 157-196
    • Genda, Y.1    Kondo, A.2
  • 22
    • 84928170481 scopus 로고    scopus 로고
    • Is there monopsonistic discrimination against immigrants
    • Hirsch B., Jahn E. Is there monopsonistic discrimination against immigrants. Ind. Labor Relat. Rev. 2015, 68:501-528.
    • (2015) Ind. Labor Relat. Rev. , vol.68 , pp. 501-528
    • Hirsch, B.1    Jahn, E.2
  • 23
    • 0028973052 scopus 로고
    • Monopsony power and relative wages in the labor market for nurses
    • Hirsch B., Schumacher E. Monopsony power and relative wages in the labor market for nurses. J. Health Econ. 1995, 14(4):443-476.
    • (1995) J. Health Econ. , vol.14 , Issue.4 , pp. 443-476
    • Hirsch, B.1    Schumacher, E.2
  • 24
    • 77952615772 scopus 로고    scopus 로고
    • Differences in labor supply to monopsonistic firms and the gender pay gap: an empirical analysis using linked employer-employee data from Germany
    • Hirsch B., Schank T., Schnabel C. Differences in labor supply to monopsonistic firms and the gender pay gap: an empirical analysis using linked employer-employee data from Germany. J. Labor Econ. 2010, 28(2):291-330.
    • (2010) J. Labor Econ. , vol.28 , Issue.2 , pp. 291-330
    • Hirsch, B.1    Schank, T.2    Schnabel, C.3
  • 25
    • 84977429885 scopus 로고
    • Underpaid and overworked: measuring the effect of imperfect information on wages
    • Hofler R., Murphy K. Underpaid and overworked: measuring the effect of imperfect information on wages. Econ. Inq. 1992, 30(3):511-529.
    • (1992) Econ. Inq. , vol.30 , Issue.3 , pp. 511-529
    • Hofler, R.1    Murphy, K.2
  • 26
    • 0011936237 scopus 로고
    • Equilibrium vacancies in a labor market dominated by non-profit firms: the shortage of nurses
    • Hurd R. Equilibrium vacancies in a labor market dominated by non-profit firms: the shortage of nurses. Rev. Econ. Stat. 1973, 55(2):234-240.
    • (1973) Rev. Econ. Stat. , vol.55 , Issue.2 , pp. 234-240
    • Hurd, R.1
  • 27
    • 15544364727 scopus 로고    scopus 로고
    • Job information networks, neighborhood effects, and inequality
    • Ioannides Y., Loury L. Job information networks, neighborhood effects, and inequality. J. Econ. Lit. 2004, 42(4):1056-1093.
    • (2004) J. Econ. Lit. , vol.42 , Issue.4 , pp. 1056-1093
    • Ioannides, Y.1    Loury, L.2
  • 28
    • 0027713860 scopus 로고
    • Earnings losses of displaced workers
    • Jacobson L., LaLonde R., Sullivan D. Earnings losses of displaced workers. Am. Econ. Rev. 1993, 83(3):685-709.
    • (1993) Am. Econ. Rev. , vol.83 , Issue.3 , pp. 685-709
    • Jacobson, L.1    LaLonde, R.2    Sullivan, D.3
  • 29
    • 60249103462 scopus 로고    scopus 로고
    • A longitudinal analysis of search frictions and matching in the U.S. labor market
    • Jolivet G. A longitudinal analysis of search frictions and matching in the U.S. labor market. Labour Econ. 2009, 16:121-134.
    • (2009) Labour Econ. , vol.16 , pp. 121-134
    • Jolivet, G.1
  • 30
    • 33646179422 scopus 로고    scopus 로고
    • The empirical content of the job search model: labor mobility and wage distributions in Europe and the US
    • Jolivet G., Postel-Vinay F., Robin J.M. The empirical content of the job search model: labor mobility and wage distributions in Europe and the US. Eur. Econ. Rev. 2006, 50(4):877-907.
    • (2006) Eur. Econ. Rev. , vol.50 , Issue.4 , pp. 877-907
    • Jolivet, G.1    Postel-Vinay, F.2    Robin, J.M.3
  • 31
    • 77649183898 scopus 로고    scopus 로고
    • The long-term consequences of graduating from college in a bad economy
    • Kahn L. The long-term consequences of graduating from college in a bad economy. Labour Econ. 2010, 17(2):303-316.
    • (2010) Labour Econ. , vol.17 , Issue.2 , pp. 303-316
    • Kahn, L.1
  • 32
    • 10844224450 scopus 로고    scopus 로고
    • Is monopsony the right way to model labor markets
    • Kuhn P. Is monopsony the right way to model labor markets. Int. J. Econ. Bus. 2004, 11(3):369-378.
    • (2004) Int. J. Econ. Bus. , vol.11 , Issue.3 , pp. 369-378
    • Kuhn, P.1
  • 33
    • 0011936086 scopus 로고
    • Monopsony and union power in the market for nurses
    • Link C., Landon J. Monopsony and union power in the market for nurses. South. Econ. J. 1975, 41:649-659.
    • (1975) South. Econ. J. , vol.41 , pp. 649-659
    • Link, C.1    Landon, J.2
  • 34
    • 0018451513 scopus 로고
    • Labor supply responses of married professional nurses: new evidence
    • Link C., Settle R. Labor supply responses of married professional nurses: new evidence. J. Hum. Resour. 1979, 14:256-266.
    • (1979) J. Hum. Resour. , vol.14 , pp. 256-266
    • Link, C.1    Settle, R.2
  • 36
    • 79953110061 scopus 로고    scopus 로고
    • Imperfect competition in the labor market
    • Elsevier
    • Manning A. Imperfect competition in the labor market. Handbook of Labor Economics 2011, vol. 4:973-1041. Elsevier. 4th ed.
    • (2011) Handbook of Labor Economics , vol.4 , pp. 973-1041
    • Manning, A.1
  • 37
    • 0000526127 scopus 로고
    • Economics of information and job search
    • McCall J. Economics of information and job search. Q. J. Econ. 1970, 81(1):113-126.
    • (1970) Q. J. Econ. , vol.81 , Issue.1 , pp. 113-126
    • McCall, J.1
  • 39
    • 77955841204 scopus 로고    scopus 로고
    • The financing of apprenticeship training in the light of labour market regulations
    • Muehlemann S., Pfeifer H., Walden G., Wenzelmann F., Wolter S. The financing of apprenticeship training in the light of labour market regulations. Labour Econ. 2010, 17:751-774.
    • (2010) Labour Econ. , vol.17 , pp. 751-774
    • Muehlemann, S.1    Pfeifer, H.2    Walden, G.3    Wenzelmann, F.4    Wolter, S.5
  • 40
    • 0001663442 scopus 로고
    • Labor as a quasi-fixed factor
    • Oi W. Labor as a quasi-fixed factor. J. Polit. Econ. 1962, 70:538-555.
    • (1962) J. Polit. Econ. , vol.70 , pp. 538-555
    • Oi, W.1
  • 41
    • 33947664950 scopus 로고    scopus 로고
    • Initial labor market conditions and long-term outcomes for economists
    • Oyer P. Initial labor market conditions and long-term outcomes for economists. J. Econ. Perspect. 2006, 20(3):143-160.
    • (2006) J. Econ. Perspect. , vol.20 , Issue.3 , pp. 143-160
    • Oyer, P.1
  • 42
    • 55949133762 scopus 로고    scopus 로고
    • The making of an investment banker: macroeconomic shocks, career choice and lifetime income
    • Oyer P. The making of an investment banker: macroeconomic shocks, career choice and lifetime income. J. Financ. 2008, 63(12):2601-2628.
    • (2008) J. Financ. , vol.63 , Issue.12 , pp. 2601-2628
    • Oyer, P.1
  • 44
    • 0040094106 scopus 로고    scopus 로고
    • Employee labor market information: comparing direct world of work measures of workers' knowledge to stochastic frontier estimates
    • Polachek S., Robst J. Employee labor market information: comparing direct world of work measures of workers' knowledge to stochastic frontier estimates. Labour Econ. 1998, 5(2):231-242.
    • (1998) Labour Econ. , vol.5 , Issue.2 , pp. 231-242
    • Polachek, S.1    Robst, J.2
  • 45
    • 78149497512 scopus 로고    scopus 로고
    • Equilibrium wage dispersion with heterogeneous workers and firms
    • Postel-Vinay F., Robin J.M. Equilibrium wage dispersion with heterogeneous workers and firms. Econometrica 2002, 70:1295-1350.
    • (2002) Econometrica , vol.70 , pp. 1295-1350
    • Postel-Vinay, F.1    Robin, J.M.2
  • 46
    • 77952846607 scopus 로고    scopus 로고
    • New market power models and sex differences in pay
    • Ransom M., Oaxaca R. New market power models and sex differences in pay. J. Labor Econ. 2010, 28(2):267-290.
    • (2010) J. Labor Econ. , vol.28 , Issue.2 , pp. 267-290
    • Ransom, M.1    Oaxaca, R.2
  • 47
    • 77952829849 scopus 로고    scopus 로고
    • Estimating the firm's labor supply curve in a 'new monopsony' framework: school teachers in Missouri
    • Ransom M., Sims D. Estimating the firm's labor supply curve in a 'new monopsony' framework: school teachers in Missouri. J. Labor Econ. 2010, 28(2):331-355.
    • (2010) J. Labor Econ. , vol.28 , Issue.2 , pp. 331-355
    • Ransom, M.1    Sims, D.2
  • 48
    • 67650155984 scopus 로고    scopus 로고
    • Measuring labor market frictions: a cross-country comparison
    • Ridder G., van den Berg G. Measuring labor market frictions: a cross-country comparison. J. Eur. Econ. Assoc. 2003, 1(1):224-244.
    • (2003) J. Eur. Econ. Assoc. , vol.1 , Issue.1 , pp. 224-244
    • Ridder, G.1    van den Berg, G.2
  • 50
    • 32544439546 scopus 로고    scopus 로고
    • Search-theoretic models of the labor market: a survey
    • Rogerson R., Shimer R., Wright R. Search-theoretic models of the labor market: a survey. J. Econ. Lit. 2005, 43(4):959-988.
    • (2005) J. Econ. Lit. , vol.43 , Issue.4 , pp. 959-988
    • Rogerson, R.1    Shimer, R.2    Wright, R.3
  • 51
    • 84931278692 scopus 로고    scopus 로고
    • Labor costs and the evolution of new establishments
    • Schmieder J. Labor costs and the evolution of new establishments. Working Paper 2010.
    • (2010) Working Paper
    • Schmieder, J.1
  • 52
    • 27344455694 scopus 로고    scopus 로고
    • The assignment of workers to jobs in an economy with coordination frictions
    • Shimer R. The assignment of workers to jobs in an economy with coordination frictions. J. Polit. Econ. 2005, 113(5):996-1025.
    • (2005) J. Polit. Econ. , vol.113 , Issue.5 , pp. 996-1025
    • Shimer, R.1
  • 53
    • 0001181743 scopus 로고
    • A theoretical model of on-the-job training with imperfect competition
    • Stevens M. A theoretical model of on-the-job training with imperfect competition. Oxf. Econ. Pap. 1994, 46:537-562.
    • (1994) Oxf. Econ. Pap. , vol.46 , pp. 537-562
    • Stevens, M.1
  • 54
    • 0002275763 scopus 로고
    • Information in the labor market
    • Stigler G. Information in the labor market. J. Polit. Econ. 1962, 70(5):94-104.
    • (1962) J. Polit. Econ. , vol.70 , Issue.5 , pp. 94-104
    • Stigler, G.1
  • 55
    • 84929065813 scopus 로고
    • Monopsony power in the market for nurses
    • Sullivan D. Monopsony power in the market for nurses. J. Law Econ. 1989, 32:S135-S178.
    • (1989) J. Law Econ. , vol.32 , pp. S135-S178
    • Sullivan, D.1
  • 56
    • 78149498332 scopus 로고    scopus 로고
    • The effect of search frictions on wages
    • van den Berg G., Vuuren A. The effect of search frictions on wages. Labour Econ. 2010, 17(6):875-885.
    • (2010) Labour Econ. , vol.17 , Issue.6 , pp. 875-885
    • van den Berg, G.1    Vuuren, A.2
  • 57
    • 0043076426 scopus 로고    scopus 로고
    • Comment: minimum wages for Ronald McDonald monopsonies: a theory of monopsonistic competition
    • June
    • Walsh F. Comment: minimum wages for Ronald McDonald monopsonies: a theory of monopsonistic competition. Econ. J. 2003, June:718-722.
    • (2003) Econ. J. , pp. 718-722
    • Walsh, F.1
  • 58
    • 33747631579 scopus 로고    scopus 로고
    • General versus specific skills in labor markets with search frictions and firing costs
    • Wasmer E. General versus specific skills in labor markets with search frictions and firing costs. Am. Econ. Rev. 2006, 96(3):811-831.
    • (2006) Am. Econ. Rev. , vol.96 , Issue.3 , pp. 811-831
    • Wasmer, E.1
  • 59
    • 84931278693 scopus 로고    scopus 로고
    • Firm Level Monopsony and the gender pay gap
    • (forthcoming)
    • Webber D. Firm Level Monopsony and the gender pay gap. Industrial Relations. 2015, (forthcoming).
    • (2015) Industrial Relations.
    • Webber, D.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.