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Simon Mongey

As seen in: National Bureau of Economic Research, Federal Reserve Bank of Minneapolis
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Articles by Simon Mongey

Unbundling Labor

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By Chris Edmond, Simon Mongey
| National Bureau of Economic Research
Special thanks to Derek Neal for conversations that helped early on in this project. We have benefited greatly from discussions with David Autor, Job Boerma, Jeff Borland, David Deming, James Heckman, Kyle Herkenhoff, Erik Hurst, Francis Kramarz, Guido Menzio and Todd Schoellman, and from the comments of participants at numerous conferences and seminars. We also thank Adam Oppenheimer and Alex Weinberg for their excellent research assistance.
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Pricing Inequality

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By Simon Mongey, Michael Waugh
| National Bureau of Economic Research
Skip to main content The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research, the Federal Reserve Bank of Minneapolis, or the Federal Reserve System. Related
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Discrete Choice, Complete Markets, and Equilibrium

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By Simon Mongey, Michael Waugh
| National Bureau of Economic Research
Skip to main content The views expressed herein are those of the authors and not necessarily those of the Federal Reserve Bank of Minneapolis or the Federal Reserve System or the National Bureau of Economic Research. For useful conversations we thank Manuel Amador, Andrew Atkeson, V.V. Chari, Roozbeh Hosseini, Chris Sleet, Rob Shimer, and Pierre-Olivier Weill. Related
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How Stricter Merger Guidelines Benefit Workers

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By Kyle F. Herkenhoff, Simon Mongey
| promarket.org
Stricter merger policy guidelines will increase competition, leading to higher wages and welfare for workers, writes Kyle Herkenhoff and Simon Mongey. The authors use economic modeling to show that the stricter 2023 Guidelines will improve worker welfare, and that even tighter thresholds can be applied to labor markets to amplify worker welfare gains from antitrust policy. Preventing mergers that generate “monopsony” power will promote competition and prevent worker harm.
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Monopsony Amplifies Distortions from Progressive Taxes

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By David Berger, Kyle F. Herkenhoff, Simon Mongey, Negin Mousavi
| National Bureau of Economic Research
The views expressed in this paper are those of the authors and do not necessarily reflect the views of the Federal Reserve Bank of Minneapolis, the Federal Reserve System, or the National Bureau of Economic Research. This article has been prepared for AEA Papers & Proceedings, 2024. This article was supported by NSF Grant - Award 2214431. Related
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Online Job Posts Contain Very Little Wage Information

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By Amanda Michaud, Simon Mongey, Honey Batra
| National Bureau of Economic Research
For useful feedback on this project, we thank Benjamin Schoefer, Simon Quach, Sekyu Choi, Sydnee Caldwell, Marianna Kudlyak, Brenda Samaniego de la Parra, and especially Andrew Goodman-Bacon. The views expressed in this paper are those of the authors and do not necessarily reflect the views of the Federal Reserve Bank of Minneapolis, the Federal Reserve System, or the National Bureau of Economic Research.
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Labor Market Power

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By David Berger, Kyle F. Herkenhoff, Simon Mongey
| aeaweb.org
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Labor Market Power

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By David Berger, Kyle F. Herkenhoff, Simon Mongey
| Federal Reserve Bank of Minneapolis
Abstract To measure labor market power in the US economy, we develop a tractable quantitative, general equilibrium, oligopsony model of the labor market. We estimate key model parameters by matching the firm-level relationship between labor market share and employment size and wage responses to state corporate tax changes.
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Economic Implications of COVID-19

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By Simon Mongey, Alex Weinberg, Eric Budish, Scott Baker
| uchicago.edu
Research, commentary, and news from UChicago scholars on the economic implications of COVID-19 for the United States and around the world.
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An SEIR Infectious Disease Model with Testing and Conditional Quarantine

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By Simon Mongey
| uchicago.edu
We extend the baseline Susceptible-Exposed-Infectious-Recovered (SEIR) infectious disease epidemiology model to understand the role of testing and case-dependent quarantine. Our model nests the SEIR model. During a period of asymptomatic infection, testing can reveal infection that otherwise would only be revealed later when symptoms develop. Along with those displaying symptoms, such individuals are deemed known positive cases.
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