Titelaufnahme

Titel
Labor-market concentration and labor compensation / Yue Qiu (Temple University), Aaron Sojourner (University of Minnesota and IZA) ; IZA Institute of Labor Economics
VerfasserQiu, Yue ; Sojourner, Aaron J.
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, January 2019
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (76 Seiten) : Diagramme
SerieDiscussion paper ; no. 12089
URNurn:nbn:de:hbz:5:2-177465 
Zugriffsbeschränkung
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Volltexte
Labor-market concentration and labor compensation [0.59 mb]
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Zusammenfassung (Englisch)

This paper estimates the effect of labor-market concentration on labor compensation across the U.S. private sector since 2000. We distinguish between concentration in local labor markets versus local product markets, guarding against bias from confounded product-market concentration. Analysis extends beyond wages to rates of employmentbased health insurance coverage. Estimates suggest negative effects of labor-market concentration on labor compensation. This comes through both reducing the humancapital level of those in the market and reducing pay conditional on human-capital level. Higher product-market concentration exacerbates and higher unionization rates mitigates these effects.