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Full-Text Articles in Labor Economics
Labor Market Monopsony And Wage Inequality: Evidence From Online Labor Market Vacancies, Samuel I. Thorpe
Labor Market Monopsony And Wage Inequality: Evidence From Online Labor Market Vacancies, Samuel I. Thorpe
Undergraduate Economic Review
This paper estimates the effects of employer labor market power on wage inequality in the United States. I find that inequality as measured by interdecile range is 23.7% higher in perfectly monopsonistic labor markets than in perfectly competitive markets, even when controlling for commuting zone and occupation fixed effects. I also decompose these results into 50/10 and 90/50 ratios, finding much larger impacts on inequality among low earners. These results suggest that monopsony power has significant and policy-relevant impacts on wage inequality, and particularly harms the lowest earning subsets of the labor force.
Measuring Health Outcomes Of Uncovered Employment: A Study Of Income, Social Mobility, Equality, And Health Indicators In An Under-Looked Segment Of The Labor Force, Zakariya Kmir
Undergraduate Economic Review
Economists have strongly supported the idea that unemployment causes many undesirable health outcomes. However, how does belonging to a different sector of employment tied closely to changes in minimum wage and inflation relate to overall health? To properly understand the numerical significance of health disparities in the uncovered sector of employment, this research is targeted at quantifying the relationship between the insured and non-insured within the uncovered sector. By substantiating the existence of severe health disparities as a function of the labor force dynamic, this research subsequently estimates the amount of inefficiency and negative health outcomes in the US economy …
Employment Protection And Income Inequality: Is There A Role For The Informal Sector?, Eleni Gkinni, Eleni Vasilaki
Employment Protection And Income Inequality: Is There A Role For The Informal Sector?, Eleni Gkinni, Eleni Vasilaki
Undergraduate Economic Review
This paper seeks to examine the effect of employment protection on income inequality. By employing the employment protection data developed by Botero et al. (2004) as well as well established measures of economic inequality for a sample of 83 countries, our analysis suggests that increased employment protection is negatively associated with income inequality. This relationship remains highly robust across several different specifications and estimation methods. In addition, our analysis places the spotlight on the role of the informal economy and investigates how the presence of informal sector may affect the above mentioned relationship. Our results suggest that in the presence …