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作者：Ashenfelter, Orley C.; Farber, Henry; Ransom, Michael R.
作者单位：Princeton University; Brigham Young University
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作者：Ransom, Michael R.; Oaxaca, Ronald L.
作者单位：Brigham Young University; University of Arizona
摘要：In the context of certain models, it is possible to infer the elasticity of labor supply to the firm from the elasticity of the quit rate with respect to the wage. We use this strategy to estimate the elasticity of labor supply for men and women workers at a chain of grocery stores, identifying separation elasticities from differences in wages and separation rates across different job titles within the firm. We estimate that women have lower elasticities, so a Robinson-style monopsony model ca...
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作者：Falch, Torberg
作者单位：Norwegian University of Science & Technology (NTNU)
摘要：Monopsonistic wage-setting power requires that the supply of labor directed toward individual establishments is upward sloping. This study utilizes institutional features to identify the supply curve. The elasticity of labor supply is estimated using data for the Norwegian teacher labor market in a period where the only variation in the wage level was determined centrally and with information on whether there is excess demand or not at the school level. In fixed-effects models, the supply elas...
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作者：Fox, Jeremy T.
作者单位：University of Chicago; National Bureau of Economic Research
摘要：This article estimates worker switching costs and how much the employer switching of experienced engineers responds to outside wage offers. I use data on engineers across Swedish private sector firms to estimate the relative importance of employer wage policies and switching costs in a dynamic programming, discrete choice model of employer choice. The differentiated firms are modeled in employer characteristic space, and each firm has its own age-wage profile. A majority of engineers have mode...
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作者：Ransom, Michael R.; Sims, David P.
作者单位：Brigham Young University
摘要：In the context of certain dynamic models, it is possible to infer the elasticity of labor supply to the firm from the elasticity of the quit rate with respect to the wage. Using this property, we estimate the average labor supply elasticity to public school districts in Missouri. We leverage the plausibly exogenous variation in prenegotiated district salary schedules to instrument for actual salary. These estimates imply a labor supply elasticity of about 3.7, suggesting that school districts ...
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作者：Naidu, Suresh
作者单位：Harvard University
摘要：This article studies the effect of recruitment restrictions on mobility and wages in the postbellum U.S. South. I estimate the effects of criminal fines charged for enticement (recruiting workers already under contract) on sharecropper mobility, tenancy choice, and agricultural wages. I find that a $13 (10%) increase in the enticement fine lowered the probability of a move by black sharecroppers by 12%, daily wages by 1 cent (.1%), and the returns to experience for blacks by 0.6% per year. The...
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作者：Staiger, Douglas O.; Spetz, Joanne; Phibbs, Ciaran S.
作者单位：Dartmouth College; National Bureau of Economic Research; University of California System; University of California San Francisco; US Department of Veterans Affairs; Veterans Health Administration (VHA); VA Palo Alto Health Care System; Stanford University
摘要：Recent theoretical and empirical advances have renewed interest in monopsonistic models of the labor market. However, there is little direct empirical support for these models. We use an exogenous change in wages at Department of Veterans Affairs (VA) hospitals as a natural experiment to investigate the extent of monopsony in the nurse labor market. We estimate that labor supply to individual hospitals is quite inelastic, with short-run elasticity around 0.1. We also find that non-VA hospitals...
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作者：Priest, George L.
作者单位：Yale University
摘要：This paper addresses Alvin Roth's findings of market contracting at times earlier than optimal for market participants, which Roth describes as market unraveling, a market failure he proposes to solve by designing centralized buyer-seller matching programs. This paper shows that, while Roth's engineering solutions are ingenious, the early contracting phenomena derive from labor market monopsony. Under monopsony, price is unavailable to clear the market; time of contract becomes the currency fo...
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作者：Hirsch, Boris; Schank, Thorsten; Schnabel, Claus
作者单位：University of Erlangen Nuremberg; IZA Institute Labor Economics
摘要：This article investigates women's and men's labor supply to the firm within a semistructural approach based on a dynamic model of new monopsony. Using methods of survival analysis and a large linked employer-employee data set for Germany, we find that labor supply elasticities are small (1.9-3.7) and that women's labor supply to the firm is less elastic than men's (which is the reverse of gender differences in labor supply usually found at the level of the market). Our results imply that at le...
