This paper summarizes the results of nearly a dozen new papers presented at the Sundance Conference on Monopsony in …, study various aspects of monopsony and failures of competition in labor markets. It also reports on the new developments in …

used by the optimal growth problem. Finally, the paper shows that the negative welfare effect of monopsony is larger when …

This paper summarizes the results of nearly a dozen new papers presented at the Sundance Conference on Monopsony in …, study various aspects of monopsony and failures of competition in labor markets. It also reports on the new developments in …

German plant data for the years 1999–2016, we document that employer monopsony involving below competitive wages is far more … prevalent than the contrary worker monopoly. We further find a smaller prevalence and intensity of employer monopsony when … market imperfections and employer wage premia. The presence and intensity of employer monopsony are associated with a lower …

wages with theory. However, systematic evidence for the monopsony argument is scarce. In this paper, I perform a …Economists increasingly refer to monopsony power to reconcile the absence of negative employment effects of minimum … comprehensive test of this argument by using labor market concentration as a proxy for monopsony power. Labor market concentration …