Anderlik, Jasmin; Jumaniyozova, Malika; Schmidpeter, … - 2024
lower wages and offer fewer non-wage amenities, suggesting that wages and non-wage benefits are complementary. However, we … hired in monopsonistic labor markets face significantly lower wages, both initially and in the long run. These lower wages … are driven by both lower posted wages and reduced bargaining power, as well as reduced opportunities to climb the wage …