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Monopsony makes firms not only small but also unproductive

Differences in labour market outcomes between East and West Germany persist, 30 years after reunification. Using high-quality administrative data from Germany, this column documents that East German plants face a steeper size–wage curve than West German ones, invest less in marketing, remain smaller, and, on average, pay lower wages. A model with labour market monopsony,
West German East Germany East Germans West Germany Arbeitsmarkt Forschung Journal For Labour Market Research
Source: voxeu.org

Earnings inequality and dynamics in the presence of informality

Relatively little is known about the patterns of inequality in developing countries, despite their importance for designing social and economic policies. This column analyses administrative and household data to describe the trends in earnings inequality and dynamics in Brazil since late 1980s. The findings suggest that the observed fall in earnings inequality and volatility
New York United States Nina Pavcnik Research Working Paper World Bank Among Brazilian
Source: voxeu.org

Commuting zones in Japan | VOX, CEPR Policy Portal

Alan Manning, Barbara Petrongolo The outbreak of the COVID-19 pandemic this year has led to a surge in teleworking and caused renewed interest in studying the importance of commuting patterns for geographical labour markets. Geographical labour markets are usually denoted as commuting zones, and many economic phenomena are studied at the commuting zone level. An important aspect of a commuting zones are commuting patterns, which are determined by travel costs and time for workers commuting fro...
United States Wage Structure Ministry Of Internal Affairs Internal Affairs Basic Survey Political Economy
Source: voxeu.org

Yes, Privatization Makes Us Better Off - Niger Business

Niger Business Posted on: “Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will. It allows other forces Continue Reading “Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will. It allows oth...
United States United Kingdom John Nellis Wojciech Augustyniak Sunita Kikery Alberto Chong

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Detailed text transcripts for TV channel - MSNBC - 20171119:12:20:00

Else? >> well, we dont have any evidence of that. i mean corporations are already sitting on record amounts of cash, and if they wanted to reinvest it and if they wanted to pay people more money they would have done so. we are in an environment now where you can replace human labor with mechanical labor. as has been the case now for 100 years. but there is the ability to move your wage structure lower by innovating and using technology. so theres no real incentive, necessarily, for companies to ...
Human Labor Mechanical Labor Wage Structure Tax Reform Bedrock Level Unemployment Rate

Detailed text transcripts for TV channel - CNN - 20170823:12:10:00

Infrastructure done. health care reform done. repealing obamacare. and tax reform done. so far, hes come up empty. and those are facts that hes going to have to contend with politically. >> sad reality is there are people in that crowd last night who are desperate for better out of their wage structure, from the leaders and the presidents been making it about him and his own personal battle.. will they get their interest served in we dont know. now, i dont know if this is a good thing or bad b...
Tax Reform Health Care Reform Repealing Obamacare Hillary Clinton Wage Structure Donald Trump Jr

Detailed text transcripts for TV channel - CNN - 20170807:10:40:00

Celebrate 200 days in? >> i would say he has consumer confidence. i think if you look at the sort of culture that the president brings to washington, hes brought a culture of business. hes brought a laser focus on jobs. that laser focus, whether its deregulation, whether the stock market hitting 30 new highs in the first six months, that focus has been jobs. i think thats something the president can hang his hat on and say the voters voted for a president who wanted to focus on jobs, and they ce...
Donald Trump Culture Of Business Washington Dc Laser Focus Consumer Confidence Stock Market

Detailed text transcripts for TV channel - MSNBC - 20150817:14:29:00

Employers across the united states, a national system to make sure that only people who are legally entitled to be hired are hired. he wants to make a change in the visa program to change the wage structure, but i think what we need to do is work -- which is not going to happen, but if he were president or someone who embraced his ideas, we need to work to expand the visa program, because last year the quotas ran out as of april 1st. there were no other visa as available for high-skilled workers...
Wage Structure Visa Program El Paso Juarez Border April 1st It Wouldn T

Detailed text transcripts for TV channel - FOXNEWS - 20150520:20:04:00

Then you will believe in raising the minimum wage to $15 on hour. and mcdonalds needs to lead the way on that. >> let me ask you this i know you came from the aficlo. the united mind workers was pushing for a measure -- in order to keep union workers at a two tier structure. what is wrong if the union sees the viability of a wage structure that pays new entrants coming in at a lower rate to protect union jobs in this case isnt that the argument these fast food employiers are making not to have o...
Living Wage Mcdonald S Wage Structure The Union Union Workers Fast Food

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