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References for Do firms’ wage-setting powers increase during recessions?
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Further reading
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Key references
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Hirsch, B., Jahn, E., Schnabel, C. "Do employers
possess more monopsony power in slack labor markets" ILR Review (Forthcoming). Key reference: [1]
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Depew, B., Norlander, P., Sorensen, T. "Inter-firm
mobility and return migration patterns of skilled guest
workers" Journal of
Population Economics 30:2 (2017): 681–721. Key reference: [2]
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Depew, B., Sorensen, T. "The elasticity of
labor supply to the firm over the business cycle" Labour
Economics 24 (2013): 196–204. Key reference: [3]
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Erickson, C., Mitchell, D. "Monopsony as a
metaphor for the emerging post-union labour market" International
Labour Review 146:3–4 (2007): 163–187. Key reference: [4]
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Pissarides, C. "The unemployment
volatility puzzle: Is wage stickiness the answer?" Econometrica 77:5 (2009): 1339–1369. Key reference: [5]
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Mortensen, D. Wage Dispersion:
Why Are Similar Workers Paid Differently. Cambridge: MIT Press, 2005. Key reference: [6]
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Kaas, L., Kircher, P. "Efficient firm
dynamics in a frictional labor market" American Economic
Review 105 (2015): 3030–3060. Key reference: [7]
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Manning, A. "Imperfect
competition in the labor market" In: Ashenfelter, O., Card, D. (eds). Handbook of Labor
Economics, Volume 4, Part B. Amsterdam: Elsevier, 2011. Key reference: [8]
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Elsby, M., Shin, D., Solon, G. "Wage adjustment in
the great recession and other downturns: Evidence from the
United States and Great Britain" Journal of Labor
Economics 34:S1 (2016): S249–S291. Key reference: [9]
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Lazear, E., Shaw, K., Stanton, C. "Making do with
less: Working harder during recessions" Journal of Labour
Economics 34:S1 (2016): S333–S360. Key reference: [10]
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Foster, L., Grim, C., Haltiwanger, J. "Reallocation in
the Great Recession: Cleansing or not?" Journal of Labor
Economics 34:S1 (2016): S293–S331. Key reference: [11]
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Bitler, M., Hoynes, H. "The more things
change, the more they stay the same? The safety net and poverty
in the Great Recession" Journal of Labor
Economics 34 (2016): S403–S444. Key reference: [12]
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Warne, L. "Happy payroll tax
holiday" National Center
for Policy Analysis (2012). Key reference: [13]
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Hirsch, B., Jahn, E., Schnabel, C. "Do employers
possess more monopsony power in slack labor markets" ILR Review (Forthcoming).
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Additional References
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- Bitler, M., Hoynes, H., Kuka, E. "Do in-work tax credits serve as a safety net?" Journal of Human Resources (Forthcoming).
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- Congressional Budget Office Report on H.R. 3630 Middle Class Tax Relief and Job Creation Act of 2011.
- Diamond, P. A. "A model of price adjustment" Journal of Economic Theory (1971).
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- Devereux, P., Hart, R. "Real wage cyclicality of job stayers, within-company job movers, and between-company job movers" ILR Review 60 (2006): 105–199.
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- Fehr, E., Goette, L., Zehnder, C. "The behavioral economics of the labor market: Central findings and their policy implications" In: Foote, C., Goette, L., Meier, S. (eds). Policymaking Insights from Behavioral Economics. Boston, MA: Federal Reserve Bank of Boston, 2009.
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- Hirsch, B., Jahn, E., Schnabel, C. The Cyclical Behaviour of Employers’ Monopsony Power and Workers’ Wages IZA Discussion Paper No.No. 7776, 2013-11.
- Hirsch, B., Schank, T., Schnabel, C. "Differences in labor supply to monopsonistic firms and the gender pay gap: An empirical analysis using linked employer-employee data from Germany" Journal of Labor Economics 28 (2010): 291–330.
- Hirsch, B., Schumacher, E. Classic Monopsony or New Monopsony? Searching for Evidence in Nursing Labor Markets IZA Discussion Paper No.No. 1154, 2004.
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- Moen, E. "Competitive search equilibrium" Journal of Political Economy 105 (1997): 385–411.
- Mühlemann, S., Pfeifer, H. "The structure of hiring costs in Germany: Evidence from firm-level data" Industrial Relations 55:2 (2016): 193–218.
- Neftçi, S. "A time-series analysis of the real wages-employment relationship" Journal of Political Economy 76:2 (1978): 281–291.
- Postel-Vinay, F., Robin, J. "Equilibrium wage dispersion with worker and employer heterogeneity" Econometrica 70 (2002): 2295–2350.
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- Ransom, M., Oaxaca, R. "New market power models and sex differences in pay" Journal of Labor Economics 28:2 (2010): 267–289.
- Ransom, M., Sims, D. "Estimating the firm’s labor supply curve in a ‘new monopsony’ framework: Schoolteachers in Missouri" Journal of Labor Economics 28 (2010): 331–355.
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- Stüber, H. "The real wage cyclicality of newly hired and incumbent workers in Germany" The Economic Journal (Forthcoming).