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 …

results. As a result, the paper continues with an empirical investigation of the effect of monopsony power for a particular … susceptible to monopsony. The empirical work shows that areas with many choices of alternative employers within easy driving …

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 …

How important is the exercise of classical monopsony power against labor for the level of wages and labor's share? We … examine this in the context of China and India - two large, rapidly-growing developing economies. Using theory, we develop a … of cooperating firms. The theory guides the measurement of labor "markdowns", i.e., the gap between wage and the value of …

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 …

Why is the employment effect of the minimum wage frequently found to be close to zero? Theory tells us that when wages … 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 …

On-demand labor platforms make up a large part of the "gig economy." We quantify the extent of monopsony power in one …

increases over time; (2) consistent with labor market monopsony power, there is a negative relation between local-level employer …