Add to ORKGA central question in labor economics and macroeconomics is whether the textbook competitive model provides an adequate representation of the labor market. Using longitudinal data on companies and establishments, this article suggests that it may not. As predicted by rent-sharing models of the labor market, changes in profitability are shown to feed through into long-run changes in wages. These are not temporary wage effects and are not driven by the unionized workplaces in the data. The article's estimates imply that, for rent-sharing reasons alone, Lester's ''range'' of wages is approximately 16%
The microeconomic forces that influence real wages are not fully understood. This paper studies pay ...
The extent to which employers share rents with their employees is typically assessed by estimating t...
The extent to which employers share rents with their employees is typically assessed by estimating t...
The paper suggests a new test for rent-sharing in the U. S. labor market. Using an unbalanced panel ...
The paper suggests a new test for rent-sharing in the U. S. labor market. Using an unbalanced panel ...
The paper suggests a new test for rent-sharing in the U.S. labor market. Using an unbalanced panel ...
The paper uses CPS data from 1964 to 1985 to test for the existence of rent-sharing in US tabor mark...
Many biases plague the analysis of whether employers share rents with their employees, unlike what i...
REIC-SHARINO The paper uses CPS data from 1964 to 1985 to test for the existence of rent-sharing in ...
We examine the effect of firm profits on wages for individual workers while focusing on the empirica...
Using a linked employer-employee dataset, this paper analyses the relationship between firm profitab...
Using a linked employer-employee data set, this paper analyses the relationship between firm-profita...
Abstract: Many biases plague the analysis of whether employers share rents with their employees, unl...
There is a renewed interest in non-competitive wage determination. Studies have shown that firms sha...
Using Belgian linked employer-employee data, we examine how collective bargaining arrangements affec...
The microeconomic forces that influence real wages are not fully understood. This paper studies pay ...
The extent to which employers share rents with their employees is typically assessed by estimating t...
The extent to which employers share rents with their employees is typically assessed by estimating t...
The paper suggests a new test for rent-sharing in the U. S. labor market. Using an unbalanced panel ...
The paper suggests a new test for rent-sharing in the U. S. labor market. Using an unbalanced panel ...
The paper suggests a new test for rent-sharing in the U.S. labor market. Using an unbalanced panel ...
The paper uses CPS data from 1964 to 1985 to test for the existence of rent-sharing in US tabor mark...
Many biases plague the analysis of whether employers share rents with their employees, unlike what i...
REIC-SHARINO The paper uses CPS data from 1964 to 1985 to test for the existence of rent-sharing in ...
We examine the effect of firm profits on wages for individual workers while focusing on the empirica...
Using a linked employer-employee dataset, this paper analyses the relationship between firm profitab...
Using a linked employer-employee data set, this paper analyses the relationship between firm-profita...
Abstract: Many biases plague the analysis of whether employers share rents with their employees, unl...
There is a renewed interest in non-competitive wage determination. Studies have shown that firms sha...
Using Belgian linked employer-employee data, we examine how collective bargaining arrangements affec...
The microeconomic forces that influence real wages are not fully understood. This paper studies pay ...
The extent to which employers share rents with their employees is typically assessed by estimating t...
The extent to which employers share rents with their employees is typically assessed by estimating t...