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 …

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 …

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

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 …

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 …