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  1. The evolution of U.S. retail concentration
    Published: [2022]
    Publisher:  U.S. Census Bureau, Center for Economic Studies, Washington, DC

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 539
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working papers / Center for Economic Studies, U.S. Census Bureau ; 22, 07 (March 2022)
    Subjects: Retail; Local Markets; Concentration; Herfindahl-Hirschman Index
    Scope: 1 Online-Ressource (circa 75 Seiten), Illustrationen
  2. The role of firms in wage inequality dynamics
    Published: 25 May 2022
    Publisher:  Centre for Economic Policy Research, London

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    LZ 161
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    Universitätsbibliothek Mannheim
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; DP17327
    Subjects: Labor market; Wage inequality; firms; institutions; tecnology; Concentration
    Scope: 1 Online-Ressource (circa 54 Seiten), Illustrationen
  3. What drives wage stagnation
    monopsony or monopoly?
    Published: [2022]
    Publisher:  U.S. Census Bureau, Center for Economic Studies, Washington, DC

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    Verlag (kostenfrei)
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 539
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working papers / Center for Economic Studies, U.S. Census Bureau ; 22, 45 (October 2022)
    Subjects: Market Power; Monopsony; Monopoly; Markdowns; Markups; Wage Stagnation; Concentration; HHI
    Scope: 1 Online-Ressource (circa 51 Seiten), Illustrationen
  4. What drives wage stagnation
    monopsony or monopoly?
    Published: [2022]
    Publisher:  Institute for Fiscal Studies, [London]

    Wages for the vast majority of workers have stagnated since the 1980s while productivity has grown. We investigate two coexisting explanations based on rising market power: 1. Monopsony, where dominant firms exploit the limited mobility of their own... more

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    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 141
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    Wages for the vast majority of workers have stagnated since the 1980s while productivity has grown. We investigate two coexisting explanations based on rising market power: 1. Monopsony, where dominant firms exploit the limited mobility of their own workers to pay lower wages; and 2. Monopoly, where dominant firms charge too high prices for what they sell, which lowers production and the demand for labor, and hence equilibrium wages economy-wide. Using establishment data from the US Census Bureau between 1997 and 2016, we find evidence of both monopoly and monopsony, where the former is rising over this period and the latter is stable. Both contribute to the decoupling of productivity and wage growth, with monopoly being the primary determinant: in 2016 monopoly accounts for 75% of wage stagnation, monopsony for 25%.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/284209
    Series: Working paper / lnstitute for Fiscal Studies ; 22, 39
    Subjects: Market Power; Monopsony; Monopoly; Markdowns; Markups; Wage Stagna-tion; Concentration; HHI
    Scope: 1 Online-Ressource (circa 51 Seiten), Illustrationen
  5. The barycenter of the distribution and its application to the measurement of inequality
    the balance of inequality, the Gini index, and the Lorenz curve
    Published: March 2022
    Publisher:  Luxembourg Income Study (LIS), asbl, Luxembourg

    This paper introduces in statistics the notion of the barycenter of the distribution of a non-negative random variable Y with a positive finite mean μY and the quantile function Q(x). The barycenter is denoted by μX and defined as the expected value... more

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    DS 153
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    This paper introduces in statistics the notion of the barycenter of the distribution of a non-negative random variable Y with a positive finite mean μY and the quantile function Q(x). The barycenter is denoted by μX and defined as the expected value of the random variable X having the probability density function fX(x) = Q(x)/μY. For continuous populations, the Gini index is 2μX − 1, i.e., the normalization of the barycenter, which is in the range [0, 1/2], the concentration area is μX − 1/2, and the Gini’s mean difference is 4μY (μX − 1/2). The same barycenter-based formulae hold for normalized discrete populations. The introduction of the barycenter allows for new economic, geometrical, physical, and statistical interpretations of these measures. For income distributions, the barycenter represents the expected recipient of one unit of income, as if the stochastic process that leads to the distribution of the total income among the population was observable as it unfolds. The barycenter splits the population into two groups, which can be considered as “the winners” and “the losers” in the income distribution, or “the rich” and “the poor”. We provide examples of application to thirty theoretical distributions and an empirical application with the estimation of personal income inequality in Luxembourg Income Study Database’s countries. We conclude that the barycenter is a new measure of the location or central tendency of distributions, which may have wide applications in both economics and statistics.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/267030
    Series: LIS working paper series ; no. 830
    Subjects: Balance of Inequality; Balance of Inequality index; Barycenter; BOI index; Concentration; Concentration area; Concentration ratio; Gini index; Gini mean difference; Inequality; Income inequality; Lorenz curve; Pen parade; Quantile function
    Scope: 1 Online-Ressource (circa 90 Seiten), Illustrationen
  6. What drives wage stagnation
    monopsony or monopoly?
    Published: [2022]
    Publisher:  BSE, Barcelona School of Economics, [Barcelona]

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    Verlag (kostenfrei)
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 541
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: BSE working paper ; 1361 (September 2022)
    Subjects: Market Power; Monopsony; Monopoly; Markdowns; Markups; Wage Stagnation; Concentration; HHI
    Scope: 1 Online-Ressource (circa 51 Seiten), Illustrationen