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 …

accommodates both monopsony distortions from buyer power and double-marginalization distortions from seller power. Rather than … the monopoly power of coal mines, with the remainder attributed to the monopsony power of power plants …

unity, and (ii) an increasing shadow price of labor relative to intermediates, due to monopsony power over labor or labor …

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 …

monopsony), this paper relies on two extensions of Hallʼs econometric framework for estimating simultaneously price-cost margins …

investment via their short-run informational advantage about ability and thereby limited monopsony power. Market competition …

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 …

Models of worker flows have revitalized the idea of monopsony in the labor market. We apply such a model to gender …

other firms. This informational advantage gives the employer an ex post monopsony power over the worker which encourages the … high, and as a result employers have limited monopsony power and are willing to supply only little training, while in …