Schumacher, Edward J.; Hirsch, Barry T. - 2004
The market for hospital registered nurses (RNs) is often offered as an example of ?classic? monopsony, while a ?new …? monopsony literature emphasizes firm labor supply being upwardsloping for reasons other than market structure. Using data from … several sources, we explore the relationship between wages and measures of classic and new monopsony. Micro wage data for 1993 …