Benjamin Sand
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View article: Estimating the gains from trade in frictional local labor markets
Estimating the gains from trade in frictional local labor markets Open
We develop a theory and an empirical strategy to estimate the welfare gains from trade in economies with frictional local labor markets. Our welfare formula nests standard market structures and adds an adjustment margin via the employment …
View article: The impact of unions on nonunion wage setting: threats and bargaining
The impact of unions on nonunion wage setting: threats and bargaining Open
In this paper we provide new estimates of the impact of unions on nonunion wage setting. We allow the presence of unions to affect nonunion wages both through the typically discussed channel of nonunion firms emulating union wages in order…
View article: Replication data for: In Search of Labor Demand
Replication data for: In Search of Labor Demand Open
We propose and estimate a novel specification of labor demand which encompasses search frictions and the role of entrepreneurs in new firm creation. Using city-industry variation over four decades, we estimate the wage elasticity of employ…
View article: Economy Wide Spillovers From Booms: Long Distance Commuting and the Spread of Wage Effects
Economy Wide Spillovers From Booms: Long Distance Commuting and the Spread of Wage Effects Open
Since 2000, US real average wages have either stagnated or declined while Canadian average wages increased by almost 10%. We investigate the role of the Canadian resource boom in explaining this difference. We construct a model of wage set…