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Did Labour Market Concentration Lower Wages Growth Pre-COVID?
1 Mar 2023
RDP
2023-02
Research Discussion Paper – RDP 2023-02 Did Labour Market Concentration Lower Wages Growth Pre-COVID? Jonathan Hambur. March 2023. 1.8. MB. 140. KB. Supplementary information. wages, labour market. Wages growth in Australia was lower than expected
https://www.rba.gov.au/publications/rdp/2023/2023-02.html
Conclusion
1 Mar 2023
RDP
2023-02
RDP 2023-02: Did Labour Market Concentration Lower Wages Growth Pre-COVID? 7. Conclusion. Jonathan Hambur. March 2023. Download the Paper 1.8. MB. Wages growth was surprisingly low during the pre-COVID period. Understanding whether or what
https://www.rba.gov.au/publications/rdp/2023/2023-02/conclusion.html
Did Labour Market Concentration Lower Wages Growth Pre-COVID?
1 Mar 2023
RDP
2023-02
https://www.rba.gov.au/publications/rdp/2023/2023-02/sections.html
Did Labour Market Concentration Lower Wages Growth Pre-COVID?
1 Mar 2023
RDP
2023-02
https://www.rba.gov.au/publications/rdp/2023/2023-02/read-me.html
Appendix A: Additional charts and tables
1 Mar 2023
RDP
2023-02
RDP 2023-02: Did Labour Market Concentration Lower Wages Growth Pre-COVID? Appendix A: Additional charts and tables. Jonathan Hambur. March 2023. Download the Paper 1.8. MB. Figure A1: Employment by industry, LEED versus ABS LFS, 2002 to 2016. Notes:
https://www.rba.gov.au/publications/rdp/2023/2023-02/appendix-a.html
Data
1 Mar 2023
RDP
2023-02
RDP 2023-02: Did Labour Market Concentration Lower Wages Growth Pre-COVID? 3. Data. Jonathan Hambur. March 2023. Download the Paper 1.8. MB. For the analysis, I use the LEED discussed in Appendix A of Andrews et al (2019). This dataset links the
https://www.rba.gov.au/publications/rdp/2023/2023-02/data.html
Supplementary Information for RDP 2023-02: Did Labour Market Concentration Lower Wages Growth Pre-COVID?
1 Mar 2023
RDP
2023-02
Research Discussion Paper – RDP 2023-02 Did Labour Market Concentration Lower Wages Growth Pre-COVID? Jonathan Hambur. March 2023. Details of the supplementary information available for this research discussion paper can be found in the read me
https://www.rba.gov.au/publications/rdp/2023/2023-02/supplementary-information.html
References
1 Mar 2023
RDP
2023-02
RDP 2023-02: Did Labour Market Concentration Lower Wages Growth Pre-COVID? References. Jonathan Hambur. March 2023. Download the Paper 1.8. MB. Abel W, S Tenreyro and G Thwaites (2018), ‘Monopsony in the UK’, Centre for Economic Policy Research
https://www.rba.gov.au/publications/rdp/2023/2023-02/references.html
Appendix B: Regression robustness results
1 Mar 2023
RDP
2023-02
RDP 2023-02: Did Labour Market Concentration Lower Wages Growth Pre-COVID? Appendix B: Regression robustness results. Jonathan Hambur. March 2023. Download the Paper 1.8. MB. Table B1: Fixed effects – Local market model. Headcount. Wages. None.
https://www.rba.gov.au/publications/rdp/2023/2023-02/appendix-b.html
Literature
1 Mar 2023
RDP
2023-02
RDP 2023-02: Did Labour Market Concentration Lower Wages Growth Pre-COVID? 2. Literature. Jonathan Hambur. March 2023. Download the Paper 1.8. MB. Labour market, or monopsony, power is defined as the ability of a firm to influence the wage that it
https://www.rba.gov.au/publications/rdp/2023/2023-02/literature.html