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Bookmark or Share- A Proposal to Enhance Antitrust Protection Against ... - Ioana MarinescuThe United States has a labor monopsony problem. Though legal tools are already in place to combat monopsony, they have only been used against the most obvious forms of anticompetitive conduct like no-poaching agreements.
- Labor Market Concentration | Ioana MarinescuBased on the DOJ-FTC horizontal merger guidelines, the average market is highly concentrated. Going from the 25th percentile to the 75th percentile in concentration is associated with a 5% (OLS) to 17% (IV) decline in posted wages, suggesting that concentration increases labor market power.
- IOANA E. MARINESCUMarinescu I., Klein N., Chamberlain A., & Morgan Smart (2021). Incentives Can Reduce Bias in Online Reviews, Journal of Experimental Psychology: Applied, March 25, 2021.
- Estimating Labor Market Power - Ioana MarinescuWe use a nested logit model of worker’s utility for applying to jobs with varying wages and characteristics, including distance from the potential worker’s home. We account for the endogeneity of wages by using several different instrumental variable strategies.
- Ioana MarinescuIoana Marinescu is an associate professor at the University of Pennsylvania School of Social Policy & Practice, and a Research Associate at the National Bureau of Economic Research. She studies the labor market to craft policies that can enhance employment, productivity, and economic security.
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