Measuring firms’ labor market power in the United States

Authors:
  • Samuel Young, U.S. Census Bureau
  • Sean Yixiang Wang, U.S. Census Bureau

Grant Type: doctoral

Grant Year: 2019

Grant Amount: $15,000

Grant description:

This project will jointly estimate production mark-ups and labor mark-downs with manufacturing data, and estimate rent-sharing with labor when there are productivity increases in the context of firms’ labor market power using Longitudinal Employer-Household data. This dataset allows for heterogeneity analysis that helps understand the types of workers facing the most anticompetitive forces. Further, the research investigates how labor market power varies across geography, industries, and time, and how policymakers can target remedies taking these factors into consideration.

AUTHORS:

Samuel Young Sean Yixiang Wang

Grant Categories

Market Structure


Topics

Monopsony

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