New Market Power Models and Sex Differences in Pay

In the context of certain models, it is possible to infer the elasticity of labor supply to the firm from the elasticity of the quit rate with respect to the wage. We use this strategy to estimate the elasticity of labor supply for men and women workers at a chain of grocery stores, identifying sepa...

Full description

Saved in:
Bibliographic Details
Published in:Journal of labor economics 2010-04, Vol.28 (2), p.267-289
Main Authors: Ransom, Michael R, Oaxaca, Ronald L.
Format: Article
Language:English
Subjects:
Economic models
Elasticity
Elasticity of demand
Employment
Employment discrimination
Gender differences
Grocery stores
Job titles
Labor markets
Labor supply
Labor supply elasticity
Market
Men
Monopsony
Seniority
Sex differentiation
Studies
Wage differential
Wage differentials
Wages
Women
Working women
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:In the context of certain models, it is possible to infer the elasticity of labor supply to the firm from the elasticity of the quit rate with respect to the wage. We use this strategy to estimate the elasticity of labor supply for men and women workers at a chain of grocery stores, identifying separation elasticities from differences in wages and separation rates across different job titles within the firm. We estimate that women have lower elasticities, so a Robinson‐style monopsony model can explain reasonably well the lower relative pay of women in the retail grocery industry.
ISSN:0734-306X
1537-5307
DOI:10.1086/651245