How Long to Read The Divergent Dynamics of Labor Market Power in Europe

How Long Does it Take to Read The Divergent Dynamics of Labor Market Power in Europe?

It takes the average reader and 27 minutes to read The Divergent Dynamics of Labor Market Power in Europe by Mr. Federico J Diez

Assuming a reading speed of 250 words per minute. Learn more

Description

We use firm-level data from 10 European countries to establish several new stylized facts about firms’ labor market power. First, we find the pervasive presence of labor market power across countries and sectors, measured by average and median markdowns above unity. Second, focusing on the dynamics, we find that weighted average markdowns have increased 1.3 percent between 2000 and 2017. However, median and unweighted average markdowns have actually decreased over the same time period, suggesting the existence of divergent paths across the markdown distribution. Third, we show that high-markdown firms tend to have a large footprint in both their product and input (labor) markets, and are most commonly listed and found among services sectors. Finally, a Melitz-Polanec decomposition of the change in weighted average markdown finds that the increase has been driven by a reallocation of resources towards high-markdown incumbents and by the extensive margin via the net entry of high-markdown firms while, in contrast, there was a decline in within-firm markdowns. Our findings highlight the importance of using granular and broad-based data for a thorough analysis of firms’ labor market power.

How long is The Divergent Dynamics of Labor Market Power in Europe?

The Divergent Dynamics of Labor Market Power in Europe by Mr. Federico J Diez is 27 pages long, and a total of 6,939 words.

This makes it 9% the length of the average book. It also has 8% more words than the average book.

How Long Does it Take to Read The Divergent Dynamics of Labor Market Power in Europe Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 37 minutes to read The Divergent Dynamics of Labor Market Power in Europe aloud.

What Reading Level is The Divergent Dynamics of Labor Market Power in Europe?

The Divergent Dynamics of Labor Market Power in Europe is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Divergent Dynamics of Labor Market Power in Europe?

The Divergent Dynamics of Labor Market Power in Europe by Mr. Federico J Diez is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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