Rent-sharing by workers can reduce the incentives for investment if some of the returns to
sunk capital are captured in higher wages. We propose a simple measure of this “holdup” …

… of rent-sharing and test for holdup. We find strong evidence of rent sharing, with an elasticity
of wages … We also find that firms with higher capital per worker pay lower wages, holding …

… wages. We implement the test using a data set that combines Social Security earnings records
… We find strong evidence of rent-sharing, with an elasticity of wages with respect to current …

… wages. We implement the test using a data set that combines Social Security earnings records
… We find strong evidence of rent-sharing, with an elasticity of wages with respect to current …

… We therefore make use of the panel data on union density available from the OECD statistics
database (accessed: July 2014), and construct a dummy variable having value one if the …

… rent sharing effects in China’s labor market. Specifically, we use a unique matched
employer-employee survey data in … We will also construct a panel data which only includes firms …

… matched firm-worker panel data sample for French manufacturing, we find that the respective
industry distributions of the rent-sharing … obtain an average rent-sharing estimate of roughly …

… , using Hungarian administrative linked employer employee panel data, suggests that the …
their rent-sharing behaviour and the importance of design choice. We find that, while the wage-…

… We analyze a panel data set of payroll records for a sample of ADP clients in the United
States from 2008 to 2019. Specifically, we consider a subset of firms that generally employ at …

… inequality started rising tended to emphasise that rent sharing was a key feature of the way
… to wages. This paper presents a range of evidence to show that the extent of rent sharing has …