unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to …This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using … workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony …

This paper investigates the degree of monopsony power of employers in different industries against the background of a …

This paper addresses the applicability of the theory of equalizing differences (Rosen, 1987) in a market in which … run workers who have experienced a change in their employer can expect a career trajectory in line with the theory on …

Using a semi-structural approach based on a dynamic monopsony model, we examine to what extent workers performing … different job tasks are exposed to different degrees of monopsony power, and whether these differences in monopsony power have … degree of monopsony power than workers performing routine or non-routine manual tasks. Job-specific human capital and non …

This brief survey contains a review of several new empirical papers that attempt to measure the extent of monopsony in … income transfer away from workers. The evidence surveyed from a fairly broad range of labor markets suggests that monopsony …