Rent Sharing within Firms
利用石油开采企业的行政工资数据，估计员工薪酬对原油价格的弹性，发现企业内租金分享弹性在收入顶层员工中显著更高，这可由内部人议价能力差异解释。
This study investigates the extent to which economic rents are shared among different types of workers within firms. We utilize administrative payroll records in order to estimate the elasticity of employee compensation with respect to the price of crude oil at petroleum extraction companies. We find that the elasticity of rent sharing is heterogeneous within firms and significantly higher for workers at the top of the earnings distribution. These results can be rationalized by a bargaining model in which insiders within a firm possess greater power to negotiate over wages.