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Home | Events | Labour Market Power and the Relation between Labour and Consumer Welfare
Research Master Pre-Defense

Labour Market Power and the Relation between Labour and Consumer Welfare

  • Location
    1.60
    Amsterdam
  • Date and time

    June 27, 2024
    15:00 - 16:30

“There is a growing concern among competition authorities about the market power of firms in labour markets. We construct a parsimonious model of simultaneous labour and output market quantity competition. The paper examines the welfare effects of firm market power in the downstream and upstream markets (and their interaction) on consumers and workers. We analyze the relationship between consumer and worker welfare and show that they are not always positively correlated. Based on these results we draw implications for antitrust policy.”