Monopsony: wages and job requirements?

Beschreibung

Monopsony gives firms the power to reduce wage payments to workers while on the other hand requirements for applicants could rise. We use unique data for Austria where we can observe vacancies with posted wages along with actual wages paid to workers on the job to explore how monopsony power of firms manifests itself in wage negotiations. Preliminary results show that actual wages as well as job amenities are lower in monopsony situations, whereas firms require higher qualifications from applying workers.

Zeitraum	29 Juni 2024
Ereignistitel	ESPE 2024
Veranstaltungstyp	Konferenz
Ort	NiederlandeAuf Karte anzeigen