Labor market concentration, wages, and job security in Europe

We leverage administrative linked employer–employee data from six European countries to provide the first comparable cross-country evidence on the impact of labor market concentration on wages and job security. We find strikingly similar and relatively low wage elasticities across countries, but greater elasticities for job security, as measured by contract type. We provide suggestive evidence that the similarity of our wage elasticities and the greater sensitivity of job security to labor market concentration may be explained by the fact that sector-level collective bargaining is dominant in the countries we study and that it sets wages but usually not contract type.

Descrição

Publisher Copyright: © 2026 by the Board of Regents of the University of Wisconsin System. This open access article is distributed under the terms of the CC-BY-NC-ND license (https://creativecommons.org/licenses/by-nc-nd/4.0)

Palavras-chave

Economics and Econometrics Strategy and Management Organizational Behavior and Human Resource Management Management of Technology and Innovation

URI

http://hdl.handle.net/10362/203662

DOI

10.3368/jhr.0223-12757R1

Coleções

Home collection (NSBE)

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