Bonanno, Alessandro; Lopez, Rigoberto - Zwick Center for Food and Resource Policy, Department … - 2008
Despite considerable debate as to Wal-Mart’s impact on retail workers, to date there has been little structural analysis on the topic. This paper measures and tests for Wal-Mart’s monopsony power in local labor markets using a dominant-firm model and data on contiguous U.S. counties where...