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 … in China and 15 percentage points in India. This impact has fallen over time in both countries as firm concentration in …

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 …

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 …

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 …