Monopsonistic Labour Markets
Hartmut Egger, Boris Hirsch
German Economic Review,
Vol. 26 (4),
2025
Abstract
The three articles in this special issue on “Monopsonistic Labour Markets” provide novel insights on how to model the reasons for employers’ monopsony power, how to measure it, and how much of it materialises in lower wages. We are confident that the studies published in this issue will be of high interest to specialists and a broader audience of economists alike. They definitely deserve a wide readership, and our not unwarranted hope is that they will provide new impulses to those partaking in the monopsony literature.
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Reassessing EU Comparative Advantage: The Role of Technology
Filippo di Mauro, Marco Matani, Gianmarco Ottaviano
International Economics,
Vol. 183,
2025
Abstract
Based on a sufficient statistics approach, we show how the state of technology of European industries relative to the rest of the world can be empirically assessed in a way that is simple in terms of computation, parsimonious in terms of data requirements, but still comprehensive in terms of information. The lack of systematic cross-industry correlation between export specialization and technological advantage suggests that standard measures of revealed comparative advantage only imperfectly capture a country’s technological prowess due to the concurrent influences of factor prices, market size, markups, firm selection and market share reallocation. These findings offer policy insights relevant to the EU’s external competitiveness debate, echoing several recommendations from the Draghi report. Achieving export specialization in key sectors requires more than just technological superiority.
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Reports › CompNet’s flagship and special reports provide in-depth, data-driven analysis on productivity, competitiveness, and related economic trends, using the latest CompNet…
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Halle Institute for Economic Research (IWH) – Member of the Leibniz Association
Recovery under structural stress – fiscal policy on slippery ground The recovery of the German economy, although stronger than expected in spring, remains modest. In their joint…
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Research Articles
Research Articles Explore cutting-edge research based on CompNet’s micro-aggregated firm-level data and related analytical tools. These articles cover empirical and theoretical…
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Further Requirements
Further Requirements Overview Credit points are awarded for each activity. Doctoral students are encouraged and supported to present their research at academic conferences,…
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Open Calls for PhD Intake
Open Calls for PhD Intake We encourage outstanding students with a Master's degree in economics or related subjects such as mathematics, statistics, business administration,…
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IWH Subsidy Database
IWH Subsidy Databse The microdatabase currently comprises nine data sets on direct business subsidy programmes in Germany. The programme statistics kept by the project sponsors…
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IWH FDI Micro Database
IWH FDI Micro Database The IWH FDI Micro Database (FDI = Foreign Direct Investment) comprises a total population of affiliates of multinational enterprises (MNEs) in selected…
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Internationalisation
Internationalisation The Leibniz Institute for Economic Research Halle (IWH) is responsible for economic research and economic policy advice on a scientific basis. The institute…
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