Results 291 to 300 of about 3,799,034 (352)

Monopsony in the US Labor Market

The American Economic Review, 2022
This paper quantifies employer market power in US manufacturing and how it has changed over time. Using administrative data, we estimate plant-level markdowns—the ratio between a plant’s marginal revenue product of labor and its wage.
Chen Yeh, Claudia Macaluso, Brad J. Hershbein   +2 more
semanticscholar   +1 more source

ENDOGENOUS LABOR MARKET CYCLES

International Economic Review, 2018
AbstractWe offer a new way of thinking about labor market fluctuations. In a perfectly stationary physical environment of the labor market, moral hazard and competition in long‐term contracting generate cycles in market tightness, which may induce job creation and destruction, and two‐period and longer cycles in wages and employment.
Li, Yunan, Wang, Cheng
openaire   +2 more sources

Real-Time Labor Market Estimates During the 2020 Coronavirus Outbreak

Social Science Research Network, 2020
Official labor market statistics for the United States are collected once a month and published with a three week delay. In normal times, this procedure results in timely and useful statistics. But these are not normal times.
Alexander Bick, A. Blandin
semanticscholar   +1 more source

Local Labor Markets

Journal of Political Economy, 1986
This paper studies the processes of wage and employment dynamics within local labor markets. The theoretical context is a dynamic spatial equilibrium among locales that is supported by incentives to migrate to markets offering the greatest present value of future earnings. Thus costly migration arbitrages geographic wage differences.
openaire   +1 more source

The Impact of Artificial Intelligence on the Labor Market

Social Science Research Network, 2019
I develop a new method to predict the impacts of a technology on occupations. I use the overlap between the text of job task descriptions and the text of patents to construct a measure of the exposure of tasks to automation.
Michael Webb
semanticscholar   +1 more source

The Effects of Immigration on the Labor Market Outcomes of Less-skilled Natives

Interdisciplinary Perspectives on the New Immigration, 2018
This paper examines the effects of immigration on the labor market outcomes of less-skilled natives. Working from a simple model of a local labor market, we show that the effects of immigration can be estimated from the correlations between the fraction ...
Joseph G. Altonji, David Card
semanticscholar   +1 more source

Labor Market Power

Social Science Research Network, 2019
We develop, estimate, and test a tractable general equilibrium model of oligopsony with differentiated jobs and concentrated labor markets. We estimate key model parameters by matching new evidence on the relationship between firms’ local labor market ...
David Berger, Kyle F. Herkenhoff, S. Mongey   +2 more
semanticscholar   +1 more source

Labor Markets

Abstract Labor markets share many of the key features that raise concern about algorithmic harm in consumer markets. In important labor markets (although not in all), a sophisticated party, the employer, wields big data and AI-powered algorithms to maximize profits from interaction with less sophisticated parties, the employees.
Oren Bar-Gill, Cass R. Sunstein
  +4 more sources

The Impact of Immigration on the Labor Market

Journal of economic surveys (Print), 2019
The literature on the impact of immigration on the labor market is highly controversial. The aim of this paper is to review the existing literature and draw some general conclusions on how wages and employment respond to immigration.
Anthony Edo
semanticscholar   +1 more source