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This brief survey contains a review of several new empirical papers that attempt to measure the extent of monopsony in labor markets. As noted originally by Joan Robinson, monopsonistic exploitation represents the gap between the value of a worker's marginal product and the worker's wage, and it...
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Im Forschungsbericht werden die Ergebnisse eines Kolloquiums vorgestellt. Inhalt: Teil 1. (Steiner, Christine: Bildungs- und Berufswahlverhalten von Jugendlichen und Jungerwachsenen in Ostdeutschland. - Grünert, Holle: Was wissen wir über das Beschäftigerverhalten in Ostdeutschland? - Lutz,...
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"The shift in the labour force from agriculture to the manufacturing sector in India has not been a smooth process. Although the manufacturing sector has seen an increase in employment, the share of the manufacturing sector in total employment has not changed and rural areas are continuing to...
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New firms are a driving force of innovation and creative destruction, promoting social mobility and welfare creation. These result from the effort of entrepreneurial individuals who identify an opportunity, evaluate it, and create new organizations to exploit its business potential....
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