several sources, we explore the relationship between wages and measures of classic and new monopsony. Micro wage data for 1993 …The market for hospital registered nurses (RNs) is often offered as an example of ?classic? monopsony, while a ?new …? monopsony literature emphasizes firm labor supply being upwardsloping for reasons other than market structure. Using data from …

explanation of the pro-cyclicality of wages. …

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 …

applied to aggregate duration data. It does not require wage data, it is invariant to the way in which wages are determined … separate analyses for the USA, the UK, Germany and the Netherlands. We quantify the monopsony power due to search frictions and …

. However, whilst the effect of wages is found to be statistically significant, the predicted impact of an increase in nurses …

bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … increases utility. It is assumed that each variety is owned by a monopoly. Workers can specialize in material goods production … knowledge sector is bounded, as productivity increases, the economy moves from a ?Solovian zone? where wages increase with …

In oligopsonistic labour markets, firms have some market power, and a wedge is created between wages and marginal … different institutions can affect this inefficiency. Industry-level minimum wages can remove the training inefficiency and … of training intensity. Second, firmspecific unions, through raising relative wages and reducing turnover, can increase …

intuition is that, where workers have heterogeneous preferences or face mobility costs, firms can offer lower wages without …

empirical studies provide direct evidence on it. This paper analyses empirically the effect of monopsony power on pay structure …