The Urban Wage Premium in Imperfect Labor Markets
利用西德行政数据，研究城市工资溢价是否部分源于密集劳动力市场中更强的竞争，发现雇主在密集市场中议价能力更弱，竞争加剧可解释部分溢价。
Using administrative data for West Germany, this paper investigates whether part of the urban wage premium stems from greater competition in denser labor markets. We show that employers possess less wage-setting power in denser markets. We further document that an important part of the observed urban wage premia can be explained by greater competition in denser labor markets.