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Modern models of monopsony in labor markets: A brief survey

Ashenfelter, Orley C.; Farber, Henry S.; Ransom, Michael R. - 2010

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 …

Persistent link: https://www.econbiz.de/10010273868

Elasticity of supply to the firm and the business cycle

Depew, Briggs; Sorensen, Todd - 2011

A body of recent empirical work has found strong evidence that the labor elasticity of supply to the firm is finite, implying that firms may have wage setting power. However, these studies capture only snapshots of the parameter. We study this parameter over a period that provides substantial...

Persistent link: https://www.econbiz.de/10010280718

Classic Monopsony or New Monopsony? : Searching for Evidence in Nursing Labor Markets

Schumacher, Edward J.; Hirsch, Barry T. - 2004

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 … several sources, we explore the relationship between wages and measures of classic and new monopsony. Micro wage data for 1993 …

Persistent link: https://www.econbiz.de/10010261903

Monopsonistic discrimination, worker turnover, and the gender wage gap

Barth, Erling; Dale-Olsen, Harald - 2009

Motivated by models of worker flows, we argue in this paper that monopsonistic discrimination may be a substantial factor behind the overall gender wage gap. On matched employer-employee data from Norway, we estimate establishment-specific wage premiums separately for men and women, conditioning...

Persistent link: https://www.econbiz.de/10010269272

Estimating the wage elasticity of labour supply to a firm: What evidence is there for monopsony?

Booth, Alison L.; Katic, Pamela - 2010

In this paper we estimate the elasticity of the labour supply to a firm, using data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey. Estimation of this elasticity is of particular interest not only in its own right but also because of its relevance to the debate about...

Persistent link: https://www.econbiz.de/10010274551

Monopsony power, pay structure and training

Mühlemann, Samuel; Ryan, Paul; Wolter, Stefan - 2011

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

Persistent link: https://www.econbiz.de/10010278577

Is there monopsonistic discrimination against immigrants? First evidence from linked employer-employee data

Hirsch, Boris; Jahn, Elke J. - 2012

dynamic monopsony framework. Applying duration models to a large administrative employer-employee data set for Germany, we …

Persistent link: https://www.econbiz.de/10010286866

Ugly criminals

Mocan, H. Naci; Tekin, Erdal - 2006

Using data from three waves of Add Health we find that being very attractive reduces a young adult's (ages 18-26) propensity for criminal activity and being unattractive increases it for a number of crimes, ranging from burglary to selling drugs. A variety of tests demonstrate that this result...

Persistent link: https://www.econbiz.de/10010275876

Optimal taxation and monopsonistic labor market: does monopsony justify the minimum wage?

Cahuc, Pierre; Laroque, Guy - 2007

We analyze optimal taxation in an economy with monopsonistic labor markets. The individuals, whose only decisions are whether to work, or not, have heterogeneous productivities and opportunity costs of work. Given its preferences for redistribution, the government, which does not observe the...

Persistent link: https://www.econbiz.de/10010268275

The impact of training on productivity and wages: firm level evidence

Konings, Jozef; Vanormelingen, Stijn - 2010

This paper uses firm level panel data of firm provided training to estimate its impact on productivity and wages. To this end the strategy proposed by Ackerberg, Caves and Frazer (2006) for estimating production functions to control for the endogeneity of input factors and training is applied....

Persistent link: https://www.econbiz.de/10010269626

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