German plant data for the years 1999–2016, we document that employer monopsony involving below competitive wages is far more … prevalent than the contrary worker monopoly. We further find a smaller prevalence and intensity of employer monopsony when … market imperfections and employer wage premia. The presence and intensity of employer monopsony are associated with a lower …

perfect competition. Monopsony in Motion stands apart by analyzing labor markets from the real-world perspective that … employers have significant market (or monopsony) power over their workers. Arguing that this power derives from frictions in the … based on this alternative and equally plausible assumption. The book addresses the theoretical implications of monopsony and …

The economics of monopsony power results in lower wages and other forms of compensation, as well as reduced employment … increased prices for consumers. Monopsony in Labor Markets demonstrates that elements of monopsony are pervasive and explores … monopsony. Offering a thorough explanation of antitrust policy, this book identifies the basic economic problems with monopsony …

wages with theory. However, systematic evidence for the monopsony argument is scarce. In this paper, I perform a …Economists increasingly refer to monopsony power to reconcile the absence of negative employment effects of minimum … comprehensive test of this argument by using labor market concentration as a proxy for monopsony power. Labor market concentration …