Working papers

Collective Bargaining and Spillovers in Local Labour markets, R&R Journal of the European Economic Association (JEEA). Collective bargaining in South Africa triggers wage spillovers via interfirm worker flows, with profit margins declining as firms adjust. Discussion paper, Twitter.

When do employers share? Rent sharing, monopsony and minimum wages, with Joshua Budlender. We identify a novel theoretical prediction, with supportive evidence in line with monopsony, that firms just-constrained by minimum wages absorb positive productivity shocks as excess profits, limiting wage and employment increases. Discussion paper.

Estimating Labour Market Power: The Long and The Short of It, with Alan Manning. We show the importance of accounting for dynamics in estimating employer power, finding a short-run firm labour supply elasticity of 1-2 and a long-run elasticity of 5-6. Discussion paper.

Employer Market Power: Models and Methods, with Alan Manning. Invited submission for Annual Review of Economics. Discussion paper.