This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using … unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to … 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 …

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 …