Arbeitspapier
Employer Market Power in Silicon Valley
Adam Smith alleged that secret employer collusion to reduce labor earnings is common. This paper examines an important case of such behavior: no-poach agreements through which technology companies agreed not to compete for each other's workers. Exploiting the plausibly exogenous timing of a US Department of Justice investigation, I estimate the effects of these agreements using a difference-in-differences design. Data from Glassdoor permit the inclusion of rich employer- and job-level controls. Estimates indicate each agreement cost affected workers approximately 2.5 percent of annual salary. Stock bonuses and ratings of job satisfaction were also negatively affected.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 14843
- Klassifikation
-
Wirtschaft
Monopsony; Segmented Labor Markets
Antitrust Law
Wages, Compensation, and Labor Costs: General
Monopolization; Horizontal Anticompetitive Practices
- Thema
-
monopsony
oligopsony
employer market power
labor earnings
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Gibson, Matthew
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute of Labor Economics (IZA)
- (wo)
-
Bonn
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 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
- Gibson, Matthew
- Institute of Labor Economics (IZA)
Entstanden
- 2021
Ähnliche Objekte (12)
Policy brief: Employer market power in Silicon Valley
Silicon Valley
Silicon Valley
Silicon Valley
Die Silicon-Valley-Story
Women against Silicon Valley
Research in Silicon Valley
Japans Alternativen zu Silicon Valley
Die Visionäre des Silicon Valley
Japans Alternativen zu Silicon Valley
Understanding the Silicon Valley phenomena
Employer monopsony power in the labor market for undocumented workers
Policy brief: Employer market power in Silicon Valley
Silicon Valley
Silicon Valley
Silicon Valley
Die Silicon-Valley-Story
Women against Silicon Valley
Research in Silicon Valley
Japans Alternativen zu Silicon Valley
Die Visionäre des Silicon Valley
Japans Alternativen zu Silicon Valley
Understanding the Silicon Valley phenomena
Employer monopsony power in the labor market for undocumented workers
Policy brief: Employer market power in Silicon Valley
Silicon Valley
Silicon Valley
Silicon Valley
Die Silicon-Valley-Story
Women against Silicon Valley
Research in Silicon Valley
Japans Alternativen zu Silicon Valley
Die Visionäre des Silicon Valley
Japans Alternativen zu Silicon Valley
Understanding the Silicon Valley phenomena