{"id":"https://openalex.org/W4300810448","doi":"https://doi.org/10.3386/w30365","title":"Estimating Labor Market Power","display_name":"Estimating Labor Market Power","publication_year":2022,"publication_date":"2022-08-01","ids":{"openalex":"https://openalex.org/W4300810448","doi":"https://doi.org/10.3386/w30365"},"language":"en","primary_location":{"id":"doi:10.3386/w30365","doi":"https://doi.org/10.3386/w30365","is_oa":true,"landing_page_url":"https://doi.org/10.3386/w30365","pdf_url":"https://doi.org/10.3386/w30365","source":{"id":"https://openalex.org/S2809516038","display_name":"National Bureau of Economic Research","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":["https://openalex.org/P4322614461"],"host_organization_lineage_names":["National Bureau of Economic Research"],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"National Bureau of Economic Research","raw_type":"report"},"volume":null,"type":"report","is_traditional":false,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.3386/w30365","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5059636061","display_name":"Jos\u00e9 Azar","orcid":"https://orcid.org/0000-0002-1639-2067","observed_orcids":["https://orcid.org/0000-0002-1639-2067"]},"institutions":[{"id":"https://openalex.org/I1321305853","display_name":"National Bureau of Economic Research","ror":"https://ror.org/04grmx538","country_code":"US","type":"nonprofit","lineage":["https://openalex.org/I1321305853"]},{"id":"https://openalex.org/I32971472","display_name":"Yale University","ror":"https://ror.org/03v76x132","country_code":"US","type":"education","lineage":["https://openalex.org/I32971472"]},{"id":"https://openalex.org/I4405253577","display_name":"IESE Business School","ror":"https://ror.org/00v9d4z37","country_code":"ES","type":"education","lineage":["https://openalex.org/I4405253577","https://openalex.org/I88155538"]}],"countries":["ES","US"],"is_corresponding":false,"raw_author_name":"Jos\u00e9 Azar","raw_affiliation_strings":["IESE Business School, University of Navarra","Department of Economics Yale University Box 208264 37 Hillhouse Avenue New Haven, CT 06520-8264 and","NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"IESE Business School, University of Navarra","institution_ids":["https://openalex.org/I4405253577"]},{"raw_affiliation_string":"Department of Economics Yale University Box 208264 37 Hillhouse Avenue New Haven, CT 06520-8264 and","institution_ids":["https://openalex.org/I32971472"]},{"raw_affiliation_string":"NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138","institution_ids":["https://openalex.org/I1321305853"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5004826774","display_name":"Steven Berry","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I1321305853","display_name":"National Bureau of Economic Research","ror":"https://ror.org/04grmx538","country_code":"US","type":"nonprofit","lineage":["https://openalex.org/I1321305853"]},{"id":"https://openalex.org/I32971472","display_name":"Yale University","ror":"https://ror.org/03v76x132","country_code":"US","type":"education","lineage":["https://openalex.org/I32971472"]},{"id":"https://openalex.org/I4405253577","display_name":"IESE Business School","ror":"https://ror.org/00v9d4z37","country_code":"ES","type":"education","lineage":["https://openalex.org/I4405253577","https://openalex.org/I88155538"]}],"countries":["ES","US"],"is_corresponding":false,"raw_author_name":"Steven Berry","raw_affiliation_strings":["Department of Economics Yale University Box 208264 37 Hillhouse Avenue New Haven , CT 06520-8264 and","IESE Business School, University of Navarra","NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics Yale University Box 208264 37 Hillhouse Avenue New Haven , CT 06520-8264 and","institution_ids":["https://openalex.org/I32971472"]},{"raw_affiliation_string":"IESE Business School, University of Navarra","institution_ids":["https://openalex.org/I4405253577"]},{"raw_affiliation_string":"NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138","institution_ids":["https://openalex.org/I1321305853"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5021218137","display_name":"Ioana Marinescu","orcid":"https://orcid.org/0000-0001-9131-6390","observed_orcids":["https://orcid.org/0000-0001-9131-6390"]},"institutions":[{"id":"https://openalex.org/I1321305853","display_name":"National Bureau of Economic Research","ror":"https://ror.org/04grmx538","country_code":"US","type":"nonprofit","lineage":["https://openalex.org/I1321305853"]},{"id":"https://openalex.org/I79576946","display_name":"University of Pennsylvania","ror":"https://ror.org/00b30xv10","country_code":"US","type":"education","lineage":["https://openalex.org/I79576946"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Ioana Marinescu","raw_affiliation_strings":["NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138","University of Pennsylvania School of Social Policy & Practice 3701 Locust Walk Philadelphia PA, 19104-6214"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138","institution_ids":["https://openalex.org/I1321305853"]},{"raw_affiliation_string":"University of Pennsylvania School of Social Policy & Practice 3701 Locust Walk Philadelphia PA, 19104-6214","institution_ids":["https://openalex.org/I79576946"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":4,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":47,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10208","display_name":"Labor market dynamics and wage inequality","score":0.9922000169754028,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10208","display_name":"Labor market dynamics and wage inequality","score":0.9922000169754028,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11043","display_name":"Merger and Competition Analysis","score":0.002099999925121665,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12970","display_name":"Names, Identity, and Discrimination Research","score":0.0008999999845400453,"subfield":{"id":"https://openalex.org/subfields/3312","display_name":"Sociology and Political Science"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/labor-market-power","display_name":"labor market power","score":0.8560000061988831},{"id":"https://openalex.org/keywords/monopsony","display_name":"monopsony","score":0.9279999732971191},{"id":"https://openalex.org/keywords/wage-elasticity","display_name":"wage elasticity","score":0.367000013589859},{"id":"https://openalex.org/keywords/job-applications","display_name":"job applications","score":0.7429999709129333},{"id":"https://openalex.org/keywords/labor-supply-elasticity","display_name":"labor supply elasticity","score":0.8960000276565552}],"concepts":[{"id":"https://openalex.org/C2775881736","wikidata":"https://www.wikidata.org/wiki/Q1274157","display_name":"Market power","level":3,"score":0.4950253367424011},{"id":"https://openalex.org/C163258240","wikidata":"https://www.wikidata.org/wiki/Q25342","display_name":"Power (physics)","level":2,"score":0.48836514353752136},{"id":"https://openalex.org/C145236788","wikidata":"https://www.wikidata.org/wiki/Q28161","display_name":"Labour economics","level":1,"score":0.4218299686908722},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4175006151199341},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3995041251182556},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.24428287148475647},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.05659624934196472},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0},{"id":"https://openalex.org/C2781127519","wikidata":"https://www.wikidata.org/wiki/Q43637","display_name":"Monopoly","level":2,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.3386/w30365","doi":"https://doi.org/10.3386/w30365","is_oa":true,"landing_page_url":"https://doi.org/10.3386/w30365","pdf_url":"https://doi.org/10.3386/w30365","source":{"id":"https://openalex.org/S2809516038","display_name":"National Bureau of Economic Research","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":["https://openalex.org/P4322614461"],"host_organization_lineage_names":["National Bureau of Economic Research"],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"National Bureau of Economic Research","raw_type":"report"}],"best_oa_location":{"id":"doi:10.3386/w30365","doi":"https://doi.org/10.3386/w30365","is_oa":true,"landing_page_url":"https://doi.org/10.3386/w30365","pdf_url":"https://doi.org/10.3386/w30365","source":{"id":"https://openalex.org/S2809516038","display_name":"National Bureau of Economic Research","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":["https://openalex.org/P4322614461"],"host_organization_lineage_names":["National Bureau of Economic Research"],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"National Bureau of Economic Research","raw_type":"report"},"sustainable_development_goals":[{"display_name":"Decent work and economic growth","score":0.9211000204086304,"id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320308380","display_name":"Yale University","ror":"https://ror.org/03v76x132"}],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4300810448.pdf","grobid_xml":"https://content.openalex.org/works/W4300810448.grobid-xml"},"referenced_works_count":52,"referenced_works":["https://openalex.org/W5362074","https://openalex.org/W1592729331","https://openalex.org/W1978907431","https://openalex.org/W2000587002","https://openalex.org/W2019432495","https://openalex.org/W2093714429","https://openalex.org/W2155913645","https://openalex.org/W2158614549","https://openalex.org/W2164976104","https://openalex.org/W2169887110","https://openalex.org/W2170493558","https://openalex.org/W2271798596","https://openalex.org/W2318014128","https://openalex.org/W2323231065","https://openalex.org/W2526109822","https://openalex.org/W2789670688","https://openalex.org/W2793587950","https://openalex.org/W2889832097","https://openalex.org/W2891446262","https://openalex.org/W2914036155","https://openalex.org/W2946013397","https://openalex.org/W2950024727","https://openalex.org/W2970315307","https://openalex.org/W2980570909","https://openalex.org/W2986886691","https://openalex.org/W3007017729","https://openalex.org/W3009890478","https://openalex.org/W3033833272","https://openalex.org/W3071995566","https://openalex.org/W3121617055","https://openalex.org/W3121624170","https://openalex.org/W3122059187","https://openalex.org/W3123540725","https://openalex.org/W3123562334","https://openalex.org/W3125510251","https://openalex.org/W3125520341","https://openalex.org/W3125946030","https://openalex.org/W3134049587","https://openalex.org/W3135789104","https://openalex.org/W3142627287","https://openalex.org/W3161155340","https://openalex.org/W4214952725","https://openalex.org/W4233085081","https://openalex.org/W4240119339","https://openalex.org/W4288975119","https://openalex.org/W4308381333","https://openalex.org/W4375960071","https://openalex.org/W4400990746","https://openalex.org/W6605006787","https://openalex.org/W6745137397","https://openalex.org/W6755525942","https://openalex.org/W6809560051"],"related_works":["https://openalex.org/W2946013397","https://openalex.org/W2914036155","https://openalex.org/W6992752515","https://openalex.org/W1528587291","https://openalex.org/W1536547996","https://openalex.org/W3210820486","https://openalex.org/W4210336455","https://openalex.org/W4405357073","https://openalex.org/W4413366289","https://openalex.org/W4414303937"],"abstract_inverted_index":{"Job":[0],"differentiation":[1],"gives":[2],"employers":[3],"market":[4,59],"power,":[5],"allowing":[6],"them":[7],"to":[8,46],"pay":[9],"workers":[10,76],"less":[11],"than":[12,81],"their":[13,82],"marginal":[14],"productivity.We":[15],"estimate":[16],"a":[17],"differentiated":[18],"jobs":[19],"model":[20],"using":[21],"application":[22,52],"data":[23],"from":[24],"Careerbuilder.com.We":[25],"find":[26],"direct":[27],"evidence":[28],"of":[29,35],"substantial":[30],"job":[31,39],"differentiation.Without":[32],"the":[33,57,67],"use":[34],"instruments":[36,48],"for":[37],"wages,":[38],"applications":[40],"appear":[41],"very":[42],"inelastic":[43],"with":[44,86],"respect":[45],"wages.Plausible":[47],"produce":[49,78],"elastic":[50],"firm-level":[51],"supply":[53,62],"curves.Under":[54],"some":[55],"assumptions,":[56],"implied":[58],"level":[60,69],"labor":[61,70],"elasticity":[63,71],"is":[64,72],"0.5,":[65],"while":[66],"firm":[68],"4.8.This":[73],"suggests":[74],"that":[75],"may":[77],"21%":[79],"more":[80],"wage":[83],"level,":[84],"consistent":[85],"significant":[87],"monopsony":[88],"power.":[89]},"counts_by_year":[{"year":2026,"cited_by_count":11},{"year":2025,"cited_by_count":13},{"year":2024,"cited_by_count":9},{"year":2023,"cited_by_count":11},{"year":2022,"cited_by_count":2},{"year":2014,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2022-10-04T00:00:00"}
