Difference between revisions of "Firm Market Power and the Earnings Distribution"

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{{DES | des = [[Market Power|Market power]], a form of [[Market Failure|market failure]], produces a  positive relationship between a firm's labor supply elasticity and the earnings of its workers.  This paper provides empirical evidence measuring market power and showing that employers with more power pay lower wages. | show=}}
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{{DES | des = [[Market Power|Market power]], a form of [[Market Failure|market failure]], produces a  positive relationship between a firm's labor supply elasticity and the earnings of its workers.  This paper provides empirical evidence measuring market power and showing that employers with more power pay lower wages. Especially at lowest incomes. | show=}}
 
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Revision as of 16:53, 2 August 2013