Benjamin Schoefer

@schoefer.bsky.social

Economics professor at UC Berkeley https://eml.berkeley.edu/~schoefer/

New paper: Monopsony, Markdowns,and Minimum Wages w/E.Faia & B.Lochner 1st direct test of: Firms exploit monopsony (wage setting) power to "mark down" wages<MRPL =>Minimum wages restore "wage taking"=>curb markdowns But: not in data Weak links? Monops model? MD measures? Research design? #Econsky

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📢 PhD Workshop in Labor and Behavioral Economics 2026 📢 The next edition will take place at CEBI, University of Copenhagen (June 8–9, 2026). Keynote speakers: Ingar Haaland (NHH) & Benjamin Schoefer (UC Berkeley). Call for Papers: sites.google.com/view/behavio... Deadline: Jan 31, 2026

PhD Workshop

Next Edition: 2nd PhD Workshop in Labor and Behavioral Economics June 8/9, 2026 Center for Economic Behavior and Inequality (CEBI) University of Copenhagen Submission Deadline: January 31, 2026

sites.google.com

What happens when firms set wages outside of national agreements? "The Winners and Losers from Collective Bargaining Decentralization", by Christian Dustmann, Chiara Giannetto, Lorenzo Incoronato, @chiaralac.bsky.social, Vincenzo Pezone, Raffaele Saggio, and @schoefer.bsky.social.

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Authors Christian Dustmann(University College London & RFBerlin) Chiara Lacava(University of Naples Federico II) Benjamin Schoefer(University of California, Berk...

rfberlin.com

What does consulting do? Lots of strongly held views, very limited data to answer the question. In new ‪‪NBER paper, Gert Bijnens, @schoefer.bsky.social and I shed light on this question using the first economy-wide data on consulting relationships (based on VAT-based B2B data). More info👇

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Collective bargaining shapes labor markets, yet we know little about its effects. In our new WP, we track workers shifted to contracts with lower wage floors: wages fall, but employment rises, suggesting adjustments along the firm's labor demand curve.

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Amerika hat Europa wirtschaftlich abgehängt. Viel ist schon über die Gründe philosophiert worden. Hier kommt ein neuer (aber eigentl. sehr alter) Vorschlag von @schoefer.bsky.social: Der Arbeitsmarkt ist das Problem. Europäer wechseln selten den Job. Der Staat gibt ihnen aber auch wenig Grund dazu.

Wie der Arbeitsmarkt in Europa das Wirtschaftswachstum verhindert

Amerika hat Europa wirtschaftlich abgehängt. Das hat damit zu tun, dass Europäer seltener den Job wechseln.

faz.net

Don't miss this enormous overview of collective bargaining literature and institutions + a model of how unions shape wages applied to 26 countries! My final pre-doc RA'ed project is finally out - including a little preview of something that I've been working on :) www.nber.org/papers/w3326...

Collective Bargaining, Unions, and the Wage Structure: An International Perspective

Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...

nber.org