作者:Prager, Elena; Schmitt, Matt
作者单位:Northwestern University; University of California System; University of California Los Angeles
摘要:We test whether wage growth slows following employer consolidation by examining hospital mergers. We find evidence of reduced wage growth in cases where both (i) the increase in concentration induced by the merger is large and (ii) workers' skills are industry-specific. In all other cases, we fail to reject zero wage effects. We consider alternative explanations and find that the observed patterns are unlikely to be explained by merger-related changes besides labor market power. Wage growth sl...
作者:Martinez, Isabel Z.; Saez, Emmanuel; Siegenthaler, Michael
作者单位:Swiss Federal Institutes of Technology Domain; ETH Zurich; University of California System; University of California Berkeley
摘要:This paper estimates intertemporal labor supply responses to two-year long income tax holidays staggered across Swiss cantons. Cantons shifted from an income tax system based on the previous two years' income to a standard annual pay as you earn system, leaving two years of income untaxed. We find significant but quantitatively very small responses of wage earnings with an intertemporal elasticity of 0.025 overall. High wage income earners and especially the self-employed display larger respon...