Hirsch, Barry T.; Schumacher, Edward J. - Institute for the Study of Labor (IZA) - 2004
several sources, we explore the relationship between wages and measures of classic and new monopsony. Micro wage data for 1993 …-2002 provide little evidence of classic monopsonistic outcomes in the long run, the relative wages of RNs in 240 U.S. labor markets … being largely uncorrelated with market size or employer concentration. A short-run relationship is found, with RN wages …