Rent Sharing within Firms

IF 3.9 1区 经济学 Q1 ECONOMICS
David D. Cho, A. Krueger
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引用次数: 0

Abstract

This study investigates the extent to which economic rents are shared among different types of workers within firms. We utilize administrative payroll records in order to estimate the elasticity of employee compensation with respect to the price of crude oil at petroleum extraction companies. We find that the elasticity of rent sharing is heterogeneous within firms and significantly higher for workers at the top of the earnings distribution. These results can be rationalized by a bargaining model in which insiders within a firm possess greater power to negotiate over wages.
企业内部租金分担
本研究探讨了企业内不同类型工人之间经济租金的分配程度。我们利用行政工资单记录来估计石油开采公司的员工薪酬在原油价格方面的弹性。我们发现,租金分担的弹性在企业内部是异质的,并且对于收入分配顶端的工人来说,弹性明显更高。这些结果可以通过一个讨价还价模型来合理化,在这个模型中,公司内部人员在工资谈判方面拥有更大的权力。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
6.40
自引率
2.60%
发文量
81
期刊介绍: Since 1983, the Journal of Labor Economics has presented international research that examines issues affecting the economy as well as social and private behavior. The Journal publishes both theoretical and applied research results relating to the U.S. and international data. And its contributors investigate various aspects of labor economics, including supply and demand of labor services, personnel economics, distribution of income, unions and collective bargaining, applied and policy issues in labor economics, and labor markets and demographics.
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