Wage Bargaining in Industries with Market Power PDF Download

Author: A. Jorge Padilla
Publisher:
ISBN:
Category : Industrial relations
Languages : en
Pages : 64

View

Book Description
Explores the nature of interactions among firms and among trade unions, when setting wages within an oligopolistic market.

Author: Atilano Jorge Padilla
Publisher:
ISBN:
Category : Labor economics
Languages : en
Pages : 44

View

Book Description
El trabajo trata de investigar como los salarios equilibrados y el empleo, reaccionan para cambiar en el mercado laboral y productivo, el ciclo económico y la política económica.

Author: Edward Chamberlin
Publisher:
ISBN:
Category : Labor unions
Languages : en
Pages : 64

View

Book Description

Author: A. Jorge Padilla
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

View

Book Description

Author: John S. Heywood
Publisher: SUNY Press
ISBN: 9780791466247
Category : Business & Economics
Languages : en
Pages : 238

View

Book Description
Measures the relationship between market competition and the treatment of women, minorities, and the disabled in the workplace.

Author: S. J. Nickell
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 44

View

Book Description

Author: Alan Manning
Publisher: Princeton University Press
ISBN: 1400850673
Category : Business & Economics
Languages : en
Pages : 414

View

Book Description
What happens if an employer cuts wages by one cent? Much of labor economics is built on the assumption that all the workers will quit immediately. Here, Alan Manning mounts a systematic challenge to the standard model of perfect competition. Monopsony in Motion stands apart by analyzing labor markets from the real-world perspective that employers have significant market (or monopsony) power over their workers. Arguing that this power derives from frictions in the labor market that make it time-consuming and costly for workers to change jobs, Manning re-examines much of labor economics based on this alternative and equally plausible assumption. The book addresses the theoretical implications of monopsony and presents a wealth of empirical evidence. Our understanding of the distribution of wages, unemployment, and human capital can all be improved by recognizing that employers have some monopsony power over their workers. Also considered are policy issues including the minimum wage, equal pay legislation, and caps on working hours. In a monopsonistic labor market, concludes Manning, the "free" market can no longer be sustained as an ideal and labor economists need to be more open-minded in their evaluation of labor market policies. Monopsony in Motion will represent for some a new fundamental text in the advanced study of labor economics, and for others, an invaluable alternative perspective that henceforth must be taken into account in any serious consideration of the subject.

Author: Arthur Max Ross
Publisher: Univ of California Press
ISBN:
Category : Collective bargaining
Languages : en
Pages : 144

View

Book Description

Author: Jan Eeckhout
Publisher: Princeton University Press
ISBN: 0691224293
Category : Business & Economics
Languages : en
Pages : 352

View

Book Description
A pioneering account of the surging global tide of market power—and how it stifles workers around the world In an era of technological progress and easy communication, it might seem reasonable to assume that the world’s working people have never had it so good. But wages are stagnant and prices are rising, so that everything from a bottle of beer to a prosthetic hip costs more. Economist Jan Eeckhout shows how this is due to a small number of companies exploiting an unbridled rise in market power—the ability to set prices higher than they could in a properly functioning competitive marketplace. Drawing on his own groundbreaking research and telling the stories of common workers throughout, he demonstrates how market power has suffocated the world of work, and how, without better mechanisms to ensure competition, it could lead to disastrous market corrections and political turmoil. The Profit Paradox describes how, over the past forty years, a handful of companies have reaped most of the rewards of technological advancements—acquiring rivals, securing huge profits, and creating brutally unequal outcomes for workers. Instead of passing on the benefits of better technologies to consumers through lower prices, these “superstar” companies leverage new technologies to charge even higher prices. The consequences are already immense, from unnecessarily high prices for virtually everything, to fewer startups that can compete, to rising inequality and stagnating wages for most workers, to severely limited social mobility. A provocative investigation into how market power hurts average working people, The Profit Paradox also offers concrete solutions for fixing the problem and restoring a healthy economy.

Author: Jari Vainiomaki
Publisher:
ISBN:
Category : Industrial concentration
Languages : en
Pages : 40

View

Book Description