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of monopsony. We use an exogenous change in wages at Veterans Affairs hospitals as a natural experiment to investigate … responded to the VA wage change by changing their own wages … the extent of monopsony in the nurse labor market. In contrast to much of the prior literature, we estimate that labor …
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of monopsony. We use an exogenous change in wages at Veterans Affairs hospitals as a natural experiment to investigate … responded to the VA wage change by changing their own wages … the extent of monopsony in the nurse labor market. In contrast to much of the prior literature, we estimate that labor …
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This paper assesses the extent of monopsony in the H-1B labor market through the lens of employment concentration and … its effect on H-1B workers’ wages and H-1B firms' innovation outcomes. Using micro-level H-1B petition data from the U …’ wages and H-1B employers’ patent outcomes. The causal link is established by exploiting a lottery system implemented for …
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microeconomic evidence on wage setting. Because firms set wages to avoid costly turnover, the rate that workers quit their jobs … real wages at all jobs evenly, and unemployment is rarely a credible outside option. We conclude that wage posting and on …We develop a novel, tractable New Keynesian model where firms post wages and workers search on the job, motivated by …
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