Preliminary and Incomplete version of July 12 , 2019 1 Megafirms and Monopsonists : Not the same employers , not the same workers
Preliminary and Incomplete version of July 12 , 2019 1 Megafirms and Monopsonists : Not the same employers , not the same workers
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2019 年 7 月 12 日的初步和不完整版本 1 巨型企业和垄断者:不同的雇主,不同的工人
DOI:
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发表时间:
2019
期刊:
影响因子:
--
通讯作者:
Matthew S. Dey
中科院分区:
文献类型:
--
作者:
Elizabeth Weber Handwerker;Matthew S. Dey
There has been an explosion of interest in the role of very large employers and in employers with monopsony power in local labor markets. We use the detailed microdata of the Occupational Employment Statistics (OES) to show that these are not the same. We construct measures of megafirm employment and employer labor market power, following multiple approaches found in this growing literature, for nearly all workers in the United States, in all sectors, all occupations, and all geographic areas, from 2005 to 2017. We show there is no correlation between the extent of employment in megafirms for a geographic area and that area’s average level of employer concentration across occupations or across industries, but extremely high correlation between average levels of employer concentration across occupations and employer concentration across industries for geographic areas. We show that employer concentration is generally falling with employment size in geographic areas or occupations, but there is no such relationship between employment size in areas or occupations and the share of employment in megafirms. Furthermore, trends in employment in megafirms are very different from trends in highly concentrated labor markets. We also show that relatively few of the employees of megafirms are employed by local oligopsonists, and relatively few of the employees of local oligopsonists are employed in megafirms. Those employed by both megafirms and oligopsonists are disproportionately found in the public sector. Disclaimer: Any opinions and conclusions herein are those of the authors and do not necessarily reflect the views or policies of the U.S. Bureau of Labor Statistics. Preliminary and Incomplete version of July 12, 2019
影响因子:
10.7
作者:
Berger, David;Herkenhoff, Kyle;Mongey, Simon
通讯作者:
Mongey, Simon