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- W758282997 abstract "In this study, an assessment of the degree of worker mobility in the Portuguese Labor Market is performed by building on the dynamic monopsony literature. By producing rm-level estimates of the elasticity of the labor supply facing the rm, it is possible to conclude that workers have little sensitivity to real wage changes and, thus, that rms enjoy considerable wage-setting power. However, the extend to which one can relate such low worker mobility to monopsony power is severely questioned by rst estimating the impact of the estimated measures of the labor supply elasticity on wages and by then assessing how such estimates correlate with three high-dimensional xed e ects worker, rm and job title taken from the standard Mincer equation." @default.
- W758282997 created "2016-06-24" @default.
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- W758282997 date "2015-01-01" @default.
- W758282997 modified "2023-09-24" @default.
- W758282997 title "Is low worker mobility evidence for monopsony power" @default.
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