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of monopsony. We use an exogenous change in wages at Veterans Affairs hospitals as a natural experiment to investigate … the extent of monopsony in the nurse labor market. In contrast to much of the prior literature, we estimate that labor …
Persistent link: https://www.econbiz.de/10012471532
This paper provides direct evidence on the extent of monopsony power in the low-wage labor market by estimating the … monopsony power in the market for nursing assistants – a result at odds with some recent other findings – adds interesting …
Persistent link: https://www.econbiz.de/10014189481
of monopsony. We use an exogenous change in wages at Veterans Affairs hospitals as a natural experiment to investigate … the extent of monopsony in the nurse labor market. In contrast to much of the prior literature, we estimate that labor …
Persistent link: https://www.econbiz.de/10013322876
Rolling waves of consolidation have significantly decreased the number of hospital systems in the U.S. potentially affecting industry quality, prices, efficiency, wages and more. This research concerns the growth in hospital system consolidation in local labor markets and its effect on...
Persistent link: https://www.econbiz.de/10014261089
Rolling waves of consolidation have significantly decreased the number of hospital systems in the U.S. potentially affecting industry quality, prices, efficiency, wages and more. This research concerns the growth in hospital system consolidation in local labor markets and its effect on...
Persistent link: https://www.econbiz.de/10014263016
This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using … unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to … workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony …
Persistent link: https://www.econbiz.de/10010485288