Market concentration and the relative demand for college‐educated labour
Bibliographic Data
| ID | 9722360 |
|---|---|
| Authors | Anders Akerman (0000-0002-6172-7006, University of Stavanger, corresponding author) |
| Year | 2024 |
| Volume | 91 |
| Issue | 361 |
| Pages | 292-319 |
| Publication date | 2024-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economica (JOURNAL) |
| Journal identifiers | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/ecca.12504 |
| OpenAlex | W4388691927 |
| Language | EN |
| Citations received | 1 |
| References cited | 46 |
If large firms employ relatively more educated workers, will an increase in market concentration increase income inequality by raising the relative demand for skill? I use Swedish employer–employee data from 1997–2016 and find a strong correlation between firm size and the share of college‐educated (‘skilled’) workers. An increase in a sector's market concentration is correlated with a higher skilled wage premium and higher relative employment of skilled workers. This is due mainly to the reallocation of workers across firms. I demonstrate how these findings can be explained by a model of heterogeneous firms where productivity and skill intensity are positively correlated
Demographic economics · Economics · Inequality · Labour economics · Productivity · Wage · Wage Inequality · Firm Innovation and Growth · Labor market dynamics and wage inequality · Labor Movements and Unions
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| Unique citing works | 1 |
|---|---|
| Citations per year | 1 |
| Citation span | 2025 - 2025 (1) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 1 |