Product Markets and Labour Markets.
The concern of this paper is whether monopoly power in the product market impacts badly on the performance of the labour market. There is strong evidence of the sharing of monopoly rents and of higher wages being associated with market power. It is not clear whether this is simply a union effect or...
| Main Author: | |
|---|---|
| Format: | Journal article |
| Language: | English |
| Published: |
1999
|
| _version_ | 1797092950146023424 |
|---|---|
| author | Nickell, S |
| author_facet | Nickell, S |
| author_sort | Nickell, S |
| collection | OXFORD |
| description | The concern of this paper is whether monopoly power in the product market impacts badly on the performance of the labour market. There is strong evidence of the sharing of monopoly rents and of higher wages being associated with market power. It is not clear whether this is simply a union effect or whether it applies in the non-union sector. The balance of the evidence also suggests a negative relationship between product market power and productivity performance. |
| first_indexed | 2024-03-07T03:53:20Z |
| format | Journal article |
| id | oxford-uuid:c205504e-79fb-4957-a19c-8c8a33ad795b |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T03:53:20Z |
| publishDate | 1999 |
| record_format | dspace |
| spelling | oxford-uuid:c205504e-79fb-4957-a19c-8c8a33ad795b2022-03-27T06:05:55ZProduct Markets and Labour Markets.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:c205504e-79fb-4957-a19c-8c8a33ad795bEnglishDepartment of Economics - ePrints1999Nickell, SThe concern of this paper is whether monopoly power in the product market impacts badly on the performance of the labour market. There is strong evidence of the sharing of monopoly rents and of higher wages being associated with market power. It is not clear whether this is simply a union effect or whether it applies in the non-union sector. The balance of the evidence also suggests a negative relationship between product market power and productivity performance. |
| spellingShingle | Nickell, S Product Markets and Labour Markets. |
| title | Product Markets and Labour Markets. |
| title_full | Product Markets and Labour Markets. |
| title_fullStr | Product Markets and Labour Markets. |
| title_full_unstemmed | Product Markets and Labour Markets. |
| title_short | Product Markets and Labour Markets. |
| title_sort | product markets and labour markets |
| work_keys_str_mv | AT nickells productmarketsandlabourmarkets |