Did European Labor Markets Become More Competitive in the 1990s? Evidence from Estimated Worker Rents
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چکیده
Did European Labor Markets Become More Competitive in the 1990s? Evidence from Estimated Worker Rents This paper analyses the evolution of quantitative measures of employee rents in Europe during the nineties, using the European Household Panel Survey. One looks at two class of measures: wage differentials between workers along industry and firm size dimensions, and estimated welfare differences between employed and unemployed using a model of labor market transitions. The results are largely negative; there is robust evidence of falling rents during that period only in Ireland. JEL Classification: D3, E24, J3
منابع مشابه
CEP Discussion Paper No 981 May 2010 Imperfect Competition in the Labour Market Alan Manning
It is increasingly recognized that labour markets are pervasively imperfectly competitive, that there are rents to the employment relationship for both worker and employer. This chapter considers why it is sensible to think of labour markets as imperfectly competitive, reviews estimates on the size of rents, theories of and evidence on the distribution of rents between worker and employer, and ...
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تاریخ انتشار 2004