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We use a simple framework, adopted from general equilibrium search models, to estimate the extent to which monopsony … labor supply predict wage differences that are close to the observed male/female wage differences at the firm. -- monopsony …
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monopsony power in the labor market for undocumented workers. Undocumented workers are found to be about 40 percent less …
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unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to …This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using … workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony …
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This paper investigates the degree of monopsony power of employers in different industries against the background of a …
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The workhorse of urban labor theory in development economics is the formal/informal model of labor market segmentation …
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