EconPapers    
Economics at your fingertips  
 

The Employer Size-Wage Effect: Can Dynamic Monopsony Provide an Explanation?

Francis Green (), Stephen Machin () and Alan Manning ()

Oxford Economic Papers, 1996, vol. 48, issue 3, 433-55

Abstract: In this paper, the authors argue that a dynamic monopsony model, based on labor market frictions, predicts a positive relationship between wages and employer size, but also that the effect will be larger in the nonunion sector than in the union sector and larger for women than for men. They examine evidence on the employer size-wage effect using several microeconomic data sources and find it to be generally consistent with these predictions. After examining other theoretical explanations, their conclusion is that at least part of the employer size-wage effect is a result of monopsony power in the labor market. Copyright 1996 by Royal Economic Society.

Date: 1996
References: Add references at CitEc
Citations: View citations in EconPapers (47) Track citations by RSS feed

Downloads: (external link)
http://links.jstor.org/sici?sici=0030-7653%2819960 ... 0.CO%3B2-2&origin=bc full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:oxecpp:v:48:y:1996:i:3:p:433-55

Ordering information: This journal article can be ordered from
http://www.oup.co.uk/journals

Access Statistics for this article

Oxford Economic Papers is currently edited by A. Banerjee and James Forder

More articles in Oxford Economic Papers from Oxford University Press Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().

 
Page updated 2019-08-29
Handle: RePEc:oup:oxecpp:v:48:y:1996:i:3:p:433-55