of monopsony. We use an exogenous change in wages at Veterans Affairs hospitals as a natural experiment to investigate … the extent of monopsony in the nurse labor market. In contrast to much of the prior literature, we estimate that labor …

How important is the exercise of classical monopsony power against labor for the level of wages and labor's share? We …

This paper tests for and measures monopsony power in the U.S. higher education labor market. It does so by directly … demand instruments. The results indicate that schools have significant monopsony power over their tenure track faculty. Its …-tenure track faculty, however, universities do not seem to have any monopsony power and instead face perfectly elastic residual …

are below marginal productivity, as with monopsony, employers are able to increase wages without laying off workers, but … monopsony explanation by studying a key low-wage retail sector and using data on labor market concentration that covers the … monopsony model as an explanation for the near-zero minimum wage employment effect documented in prior work. They suggest the …

healthcare systems rely on the use of government monopsony power to decrease spending. The United States is a notable exception … economic implications of a greater use of monopsony power in the United States. We present a model of monopsony power and test …

. These monopsony models have implications for trends in earnings inequality. The extent of this market power is likely to … amenities. Building on the Rosen/Roback spatial equilibrium model, we investigate how the existence of local monopsony power …

considerable degree of monopsony. We replicate the absence of round number discontinuities in firm labor supply in matched worker … the bunching in the data. The extent of monopsony power implied by our estimated labor supply elasticities, which are in … labor without being driven out of the market in the presence of monopsony power …