Traditional models of the labor market typically assume that wages are set by the market, not the firm. However, over the last 15 years, a growing body of empirical research has provided evidence against this assumption. Recent studies suggest that a monopsonistic model, where individual firms...

The literature on the economics of religion finds that increased religious participation or religious density is associated with positive socio-economic outcomes such as increased earnings, educational attainment, and lower engagement in risky behaviors. The literature suggests that this...