employment in the United States. Whenever the minimum wage has positive or no effects on employment, they appeal to monopsony … States under concentrated labor markets and low-mobility jobs (two variables that measure monopsony), identify heterogeneous … effects among different scenarios derived from the monopsony model, and provide a plausible explanation of the mixed results …

This paper studies the implications of monopsony power for optimal income taxation and welfare. Firms observe workers …' abilities while the government does not and monopsony power determines what share of the labor market surplus is translated into … profits. Monopsony power increases the tax incidence that falls on firms. This makes labor income taxes less (more) effective …

This paper studies the implications of monopsony power for optimal income taxation and welfare. Firms observe workers …' abilities while the government does not and monopsony power determines what share of the labor market surplus is translated into … profits. Monopsony power increases the tax incidence that falls on firms. This makes labor income taxes less (more) effective …

Diskussion rund um den Mindestlohn und für die Einordnung der Ergebnisse des oft zitierten Beitrages von Card und Krueger (1994 …) von Bedeutung zu sein. -- Arbeitsmarkt ; Monopson ; Substitutionselastizität und Ausbeutungsgrad …The market forms of monopsony/oligopsony are about the only ones where the introduction of minimum wages goes along …