involves conditioning elapsed duration on completed unemployment duration in the reservation wage equation. Our analysis … duration coefficient suggests that higher reservation wages negatively influence the probability of exiting unemployment …

Drawing upon data from the largest cross-country study of labor market concentration to date, this paper analyzes the … level of concentration of labor input markets in Europe and North America and provides a comparative perspective on … employers' monopsony power. It explores the characteristics of monopsony in labor markets and documents its impact by looking at …