Full Citation
Title: Labor-Market Concentration and Labor Compensation
Citation Type: Working Paper
Publication Year: 2019
ISBN:
ISSN: 1556-5068
DOI: 10.2139/ssrn.3312197
NSFID:
PMCID:
PMID:
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