J42

Sydnee Caldwell · Ingrid Haegele · Jörg Heining

Layer 1 — Overview Research Question. How prevalent is individual wage bargaining in the labor market, what determines firms’ bargaining strategies, how do bargaining encounters unfold for …

Emmanuel Dhyne · Ayumu Ken Kikkawa · Toshiaki Komatsu · Magne Mogstad · Felix Tintelnot

Layer 1 — Overview Research Question. The paper asks three related questions in the context of Belgium, a small open economy: (1) What do firms’ responses to demand shocks reveal about their …

David Berger · Kyle Herkenhoff · Simon Mongey

Overview Research question. Can minimum wages improve welfare through efficiency — by correcting monopsony-driven under-employment — and, if so, by how much? What is the optimal minimum wage, and how …

Rüdiger Bachmann · Christian Bayer · Heiko Stüber · Felix Wellschmied

Layer 1 — Summary When employers face a trade-off between growing large and paying low wages — that is, when they have monopsony power — some productive employers will decide to acquire fewer …

Ellora Derenoncourt · David Weil

Layer 1 — Overview Research Question This paper studies the labor market effects of voluntary minimum wages (VMWs) — company-wide, publicly announced wage floors set by large private employers — in …