Corella, Luis Felipe Munguia - In: IZA Journal of Labor Economics 9 (2020) 1/7, pp. 1-28
monopsonistic characteristics in the labor markets. In this article, I estimate the effects of the minimum wage for the United … States under concentrated labor markets and low-mobility jobs (two variables that measure monopsony), identify heterogeneous ….05. The minimum wage has a positive insignificant effect between 0.04 and 0.29 under full monopsonistic labor markets. The …