We quantify the importance of imperfect competition in the US labor market by estimating the size of labor market rents earned by American firms and workers. We construct a matched employer-employee panel dataset by combining the universe of US business and worker tax records for the period 2001–2015. Using this panel data, we identify and estimate an equilibrium model of the labor market with two-sided heterogeneity where workers view firms as imperfect substitutes because of heterogeneous preferences over nonwage job characteristics. The model allows us to draw inference about imperfect competition, worker sorting, compensating differentials, and rent sharing. (JEL D24, H24, H25, J22, J24, J31, J42)

中文翻译：

---

美国劳动力市场的不完全竞争、补偿差异和租金共享

我们通过估计美国公司和工人赚取的劳动力市场租金的规模来量化美国劳动力市场不完全竞争的重要性。我们通过结合 2001 年至 2015 年期间的美国企业和工人税收记录，构建了一个匹配的雇主-雇员面板数据集。使用该面板数据，我们识别并估计了具有双边异质性的劳动力市场均衡模型，在该模型中，由于对非工资工作特征的异质偏好，工人将公司视为不完美的替代品。该模型允许我们推断不完全竞争、工人分类、补偿差异和租金分享。(JEL D24、H24、H25、J22、J24、J31、J42)