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Wednesday, August 25, 2021 | History

2 edition of Employer concentration in local labor markets. found in the catalog.

Employer concentration in local labor markets.

Robert L. Bunting

Employer concentration in local labor markets.

  • 79 Want to read
  • 12 Currently reading

Published by University of North Carolina Press in Chapel Hill .
Written in English

    Subjects:
  • Labor supply -- United States

  • Edition Notes

    Bibliographical footnotes.

    Classifications
    LC ClassificationsHD5724 B74
    The Physical Object
    Paginationxiii, 182 p.
    Number of Pages182
    ID Numbers
    Open LibraryOL14499308M


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Employer concentration in local labor markets. by Robert L. Bunting Download PDF EPUB FB2

: Employer Concentration In Local Labor Markets (): Bunting, Robert L. : BooksAuthor: Robert L. Bunting. In this comprehensive study of factor market concentrations, a beginning has been made in the direction of filling the gap in the knowledge of factors of production for markets in the area of labor.

The author examines theories of concentration and monopsony in this study. Originally published in States. 3 I interpret this as evidence that the labor market is an important market for which antitrust scrutiny is relevant, but likely only for very large mergers that generate considerable shifts in local concentration.

The evidence, however, does not support the conclusion that lack. This paper characterizes the cross-sectional and time-series properties of concentration in employment, job creation, and vacancy flows across U. local labor markets. We proceed in three steps: first, we derive conditions for indices of labor market concentration to be appropriate proxies for monopsony power.

Then, we compute HerfindahlHirschman Indices at the local labor market level. Employer concentration in local labor markets. book Concentration In Local Labor Markets|Robert L a reason to hire someone to write the work for you.

It is your life, your decisions, your time, and money. No one is allowed to judge your choices. If you feel Employer Concentration In Local Labor Markets|Robert L like pro writing guidance might be helpful, dont think twice and contact 10().

based on an unweighted average across NAICS-4 industries, product market concentration is and labor market concentration (weighted by local employment) is 3, Furthermore, there is only a correlation of between labor market concentration and product market con-Cited by: How do labor market concentration, wages and employment interact.

- Simple general equilibrium oligopsony model for the Census LBD - Calibrate using data on local(i)concentration,(ii)wage emp. shares - Quantitative outcomes 1. Data Model!Market structure 2.

Market structure!Welfare implications - Validate with cross-sectional tests. We analyze the effect of local-level labor market concentration on wages. Using Census data over the periodwe find that: (1) local-level employer concentration exhibits substantial cross-sectional and time-series variation and increases over time; (2) consistent with labor market monopsony power, there is a negative relation between local-level employer concentration and wages Cited by:   Labor market concentration and employer power.

commuting zones in the country. 33 Many of these areas are seeing increasing local labor market concentration, of Morettis book.

Micro wage data for provide little evidence of classic monopsonistic outcomes in the long run, the relative wages of RNs in U. labor markets being largely uncorrelated with market size or employer concentration.

A short-run relationship is found, with RN wages declining in markets with increased hospital system concentration. These facts are not driven by markets with one or two employers, and are also present when we rely only on within-firm variation in labor market concentration.

The increase in demand for skills associated with a 1 increase in local labor market concentration is substantial, and at least half as large as the effect of an increase of 1 in the Cited by: 2. The authors document a negative correlation between labor market concentration and average posted wages in given markets.

Using quarterly panel data from tothe authors run two types of regressions-ordinary least squares (OLS) and instrumental variables (IV)-of posted wages on concentration at the market level. phenomena are related through the e ect of labor market concentration on the demand for skills. 1 First, we address the extent to which employers market power is a prevalent phenomenon across U.

local labor markets. We de ne local labor markets as metropolitan area-occupation-year cells. We measure concentration by calculating rm-level File Size: KB.

Downloadable. Using U. administrative data, this paper shows that the employment-weighted average labor market concentration has been declining since - the opposite of the change needed to explain the falling labor share. The relationship between wages and labor market concentration has also weakened (become less negative) over that by: 1.

I had looked into many tutoring services, but they weren't affordable and did not understand my custom-written needs. 's services, on the other hand, is a perfect match Employer Concentration In Local Labor Markets|Robert L Bunting for all my written needs.

The writers are reliable, honest, extremely knowledgeable, and the results are always top of the class!10(). A new study compares the trends in national and local industrial concentration between andand explains why they diverged.

The idea that firms may enjoy some wage-setting power in the labor market, commonly referred to as monopsony power, has received renewed attention in both public and academic debates over the last few years.

[ ]Estimated Reading Time: 6 mins. Employer Concentration In Local Labor Markets|Robert L, Find a Dark Place to Die|Dave Hinrichs, Introduction to Stochastic Analysis and Malliavin Calculus (Publications of the Scuola Normale Superiore Lecture Notes) (v.

6)|Giuseppe Da Prato, The Impact of Mobile Phones on Poverty and Inequality in Developing Countries (SpringerBriefs in Economics)|Jeffrey James10(). of Labor on the Federal-State workforce and labor market information system-how well it is currently working, what improvements are needed, and how the Federal and State governments can enhance cooperation in managing the system.

The Council, consisting of 14 members representing a broad. The HHI is normally used to measure market concentration among firms in an industry; here, it is used to provide an overall measure of occupational concentration by industry.

In general, a higher HHI indicates that the occupation or occupational group was found primarily in a few industries, whereas a lower value indicates that the occupation. This paper uses comprehensive data on job postings, job creation, and employment to characterize the time-series and cross-sectional properties of local labor market concentration since We compute Herfindahl-Hirschman Indexes (HHI) at the local labor market level using data on the universe of on-line vacancies (BGT) and the universe of establishments (LBD).

Author: Hershbein, Principal Investigator, J Brad. Understand the Local Labor Market Get the Expertise You Need to Grow Your Business and Address Workforce Challenges.

We know the ins and outs of the local labor market -- from current market conditions that may affect your ability to hire the best talent to policies, programs and government regulations that affect your business -- and can apply this expertise to helping you address specific.

In areas that were more exposed to Chinese competition, leading to plant closures, employer concentration went up, they find. In that way, in addition to job displacement, the China shock also contributed to local labor market concentration, thus further constraining workers options.

The China shock essentially has two ted Reading Time: 9 mins. To analyze the relationship between employer concentration in local labor markets and prime-age LFP, this project will combine data from the Longitudinal Business Database, the Local Area Employment Database, and the American Community Survey.

Employer Concentration in Local Labor Markets: Bunting, Robert L. : Books - or: Robert L. Bunting. In a competitive labor market, we determine market wage through the interaction between the market supply and market demand for labor. Self-Check Questions (Figure) shows levels of employment (Labor), the marginal product at each of those levels, and the price at which the firm can sell output in the perfectly competitive market where it : Steven A.

Greenlaw, David Shapiro. New work has also found that more than one in ten U. workers are in labor markets where pay is reduced by at least 2 percent due to employer concentration.

Signs. Second, local labor market concentration has fallen since the s, even though large employers have remained the norm at the national level. These statistics help us understand the where and the when of labor market concentration in the United States, which complements the papers analysis of the harm that concentration does to workers.

This article uses Public Use Microsample (PUMS) data drawn from the census to explore the relationship between military presence, defined as the percentage of the local labor force in the active-duty armed forces, and women's employment and earnings across local labor market areas (LMAs) in the United by: The first chapter documents a novel and robust empirical regularity, that highly concentrated local labor markets experienced larger employment declines during the Great Recession.

The relevance of residential segregation and ethnic enclaves for labor market sorting of immigrants has been investigated by a large body of literature.

Previous literature presents competing arguments and mixed results for the effects of segregation and ethnic concentration on various labor market outcomes. The geographical size of the area at which segregation andor ethnic concentration. In the important case of labor markets, a monopsonistic employer can pay a lower wage than would prevail in a competitive market without losing all its workers to competing employers.

Like Market Concentration The presence of a limited number of firms in the market for a particular type of labor. We provide the first estimates of the effects of minimum wages on employment flows in the US labor market, identifying the impact by using policy discontinuities at state borders.

We find that minimum wages have a sizable negative effect on employment flows but not on by: media sources: (newspaper, magazine, television, radio, billboards), competitive recruiting sources, labor unions, employment agencies, educational institutions, job fairs labor unions useful for certain types of workers.

can control or influence recruiting and staffing activity. If local labor market conditions forced millennials to leave school and take whatever job they could get, this would depress their earnings in the long run.

(See Figure 3. ) Figure 3. Rinz also finds that exposure to a local unemployment shock persistently made millennials less likely to work for high-paying employers into the future.

This project seeks to determine the overall impact of Walmart supercenters on local employment and earnings, and more generally on the competitive structure of affected local labor markets. The research design exploits the fact that Walmart Inc.

attempted to place a supercenter in 39 counties but was prevented from doing so as the result of [ ]. Because of my 4-part series on monopsony in labor markets in October in which I dissected a report from President Obamas Council of Economic Advisers, Ben Casselman reached out to me to ask my thoughts on José Azar, Ioana Marinescu, and Marshall I.

Steinbaum, Labor Market Concentration, NBER, December   Although insurers benefit from having self-insured employers in their book of business, 7 based on local hospital wages and defines labor market areas MI.

Labor market concentration. of labor market dynamics. Following recent research by historical scholars, I relate the incidence and duration of unemployment to the incidence and duration of employment and connect those variables, along with the dispersion and flexibility of wages, to the institutional structure of the labor markets in which these outcomes were generated.

A trenchant account of an unacknowledged driver of inequality and wage stagnation in America: the failure of antitrust law to prevent the consolidation of employers, who use their market power to suppress wages.

Since the s, Americans have seen inequality skyrocket--and job opportunities stagnate. Owen Davis from The New School summarizes the study, which finds a significant jump in local employer concentration, all else equal, can lead. If you're looking for information on employment, unemployment, wages, and more, these Labor Market Information resources can help.

Minnesota Economic Trends Read expert analysis of the state’s labor market, industries, and economy. This waiver also applies to temporary work. However, the labor market priority check will only be suspended in certain regions in Germany determined by the individual state agencies, taking into account the local labor market conditions.

(Regulation on the Integration Act, arts. 1 & 2.) Assignment of a Place of Residence.