Firm concentration & job design: The case of schedule flexible work arrangements

Arbeitspapier

We build a model of job design under monopsony that yields predictions over the relationship between: (i) the amenity value of non-wage job features; (ii) whether they are costly or profitable to firms; (iii) monopsony power. We analyse the amenity value of schedule flexibility offered in the labour market by combining our model's predictions with a new measure of schedule flexibility, which we construct from job vacancy text using a supervised machine learning approach. We show that the amenity value of schedule flexibility depends crucially on whether it is offered alongside a salaried contract that insures workers from earnings variation.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IFS Working Papers ; No. 23/14

Classification and Topics

• Classification: Wirtschaft
• Subject: Work design ; Working time design ; Monopsony ; Modeling ; Arbeitsgestaltung ; Arbeitszeitgestaltung ; Monopson ; Modellierung

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Adams, Abi ; Balgova, Maria ; Qian, Matthias ; Waters, Tom
• Event: Veröffentlichung
• (who): Institute for Fiscal Studies (IFS)
• (where): London
• (when): 2023

Further information

• DOI: doi:10.1920/wp.ifs.2023.1423
• Handle: http://hdl.handle.net/10419/284240
• Last update: 10.03.2025, 11:42 AM CET