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Title: Labor-Market Concentration and Labor Compensation

Citation Type: Working Paper

Publication Year: 2019

ISSN: 1556-5068

DOI: 10.2139/ssrn.3312197

Abstract: 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 employment-based health insurance coverage. Estimates suggest negative effects of labor-market concentration on labor compensation. This comes through both reducing the human-capital 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.

Url: https://ssrn.com/abstract=3312197

Url: https://www.ssrn.com/abstract=3312197

User Submitted?: No

Authors: Qiu, Yue; Sojourner, Aaron J.

Series Title: DISCUSSION PAPER SERIES

Publication Number: 12089

Institution: IZA Instittute of Labor Economics

Pages:

Publisher Location: Bonn, Germany

Data Collections: IPUMS USA

Topics: Labor Force and Occupational Structure

Countries: United States

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