Arbeitspapier
Rising concentration and wage inequality
Wage inequality has risen in many countries over recent decades. At the same time, production has become increasingly concentrated in "superstar" firms. In this paper, we show that these two phenomena are linked. Theoretically, we show that shocks that increase concentration, such as an increase in consumers' price sensitivity, will also lead to an increase in wage dispersion between firms. Empirically, we use industry-level data from 14 European countries over the period 1999-2016 and show robust evidence of a positive and statistically significant correlation between concentration and the dispersion of firm-level wages.
- Sprache
-
Englisch
- Erschienen in
-
Series: Discussion Papers ; No. 20-01
- Klassifikation
-
Wirtschaft
- Thema
-
Lohnstruktur
Produktion
Unternehmenskonzentration
Schock
EU-Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Cortes, Guido Matias
Tschopp, Jeanne
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Bern, Department of Economics
- (wo)
-
Bern
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Cortes, Guido Matias
- Tschopp, Jeanne
- University of Bern, Department of Economics
Entstanden
- 2020
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