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Holdup in oligopsonistic labour markets : a new role for the minimum wage
Kaas, Leo (contributor); Madden, Paul (contributor) - 2006
competitors. Because workers participate in the returns on investment while only firms bear the costs, investment is inefficiently … low. A binding minimum wage can achieve the first--best level of investment, both in the short run for a given number of … firms and in the long run when the number of firms is endogenous. -- holdup ; investment ; minimum wage …
Persistent link: https://www.econbiz.de/10003301661
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Holdup in Oligopsonistic Labour Markets : A New Role for the Minimum Wage
Kaas, Leo; Madden, Paul - 2021
competitors. Because workers participate in the returns on investment while only firms bear the costs, investment is inefficiently … low. A binding minimum wage can achieve the first-best level of investment, both in the short run for a given number of …
Persistent link: https://www.econbiz.de/10013317644
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Oligopsony and the distribution of wages
Bhaskar, V.; To, Ted - In: European economic review : EER 47 (2003) 2, pp. 369-394
Persistent link: https://www.econbiz.de/10001815750
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Employment, fiscal policy, and oligopsonistic labour market
Tamai, Toshiki - In: Australian journal of labour economics : a journal of … 12 (2009) 3, pp. 321-337
Persistent link: https://www.econbiz.de/10003948197
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Holdup in oligopsonistic labour markets: a new role for the minimum wage
Kaas, Leo; Madden, Paul - 2006
competitors. Because workers participate in the returns on investment while only firms bear the costs, investment is inefficiently … low. A binding minimum wage can achieve the first-best level of investment, both in the short run for a given number of …
Persistent link: https://www.econbiz.de/10010267488
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Refusal to deal and investment in product quality
Martin, Stephen - 2013
Persistent link: https://www.econbiz.de/10010188463
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Refusal to deal and investment in product quality
Martin, Stephen - 2015
Persistent link: https://www.econbiz.de/10011691350
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Minimum wages, employment and monopsonistic competition
Bhaskar, V. (contributor); To, Ted (contributor) - 2003 - [Elektronische Ressource], rev
Persistent link: https://www.econbiz.de/10001901374
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Minimum wages, employment and monopsonistic competition
Bhasker, V. (contributor); To, Ted (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001951023
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Oligopsony and the Distribution of Wages
To, Ted; Bhaskar, V. - 2001
We propose a simple model of wage dispersion arising from oligopsonistic competition in the labor market. Our model has workers who are equally able but who have heterogeneous preferences for non-wage characteristics, while employers have heterogeneous productivity characteristics. We completely...
Persistent link: https://www.econbiz.de/10014127166