Ownership networks and labor income

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dc.contributor.authorHuneeus, Federico
dc.contributor.authorLarrain, Borja
dc.contributor.authorLarrain, Mauricio
dc.contributor.authorPrem, Mounu
dc.date.accessioned2025-01-20T17:30:42Z
dc.date.available2025-01-20T17:30:42Z
dc.date.issued2023
dc.description.abstractWe document a novel relationship between networks of firms linked through ownership (i.e., business groups) and labor income using matched employer-employee data for Chile. Business group affiliation is associated with higher wages, even after controlling for firm size and individual worker effects. The group premium is stronger for top workers; hence, group firms have higher wage dispersion. The premium remains present when comparing group firms and matched stand-alone firms, and in within-firm comparisons using transitions in and out of groups. Our results are consistent with workers reaching higher productivity and wages by leveraging their skills on the group's organizational structure (JEL G32, J31).
dc.fuente.origenWOS
dc.identifier.doi10.1093/jleo/ewad027
dc.identifier.eissn1465-7341
dc.identifier.issn8756-6222
dc.identifier.urihttps://doi.org/10.1093/jleo/ewad027
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/91607
dc.identifier.wosidWOS:001083003300001
dc.language.isoen
dc.revistaJournal of law economics & organization
dc.rightsacceso restringido
dc.subject.ods08 Decent Work and Economic Growth
dc.subject.ods10 Reduced Inequality
dc.subject.ods01 No Poverty
dc.subject.odspa08 Trabajo decente y crecimiento económico
dc.subject.odspa10 Reducción de las desigualdades
dc.subject.odspa01 Fin de la pobreza
dc.titleOwnership networks and labor income
dc.typeartículo
sipa.indexWOS
sipa.trazabilidadWOS;2025-01-12
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