Rent-sharing, Holdup, and Wages: Evidence from Matched Panel Data
---- Acknowledgements ----
We thank Raj Chetty, Carlo Gianelle, Peter Kuhn, Alex Lefter, Bentley MacLeod, Enrico Moretti, Luigi Pistaferri, Ben Sand, and seminar participants at the LABORatorio Revelli, Berkeley IRLE, and the Federal Reserve Board of San Francisco for comments and suggestions. We are especially grateful to Giuseppe Tattara for providing the Veneto Work History Data, and to Carlo Gianelle and Marco Valentini for assistance in using these data. Agata Maida is pleased to acknowledge support from the Leibniz Association though the Labor Market Institutions project at RWI-Essen. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.