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 …

concentration fosters monopsony power in the labor market, magnifying profits and further enhancing the output share of high …-productivity firms. The combination of search complementarities and monopsony power induce a strong "Matthew effect" that endogenously …

concentration fosters monopsony power in the labor market, magnifying profits and further enhancing high-productivity firms' output … share. Firms want to get bigger and hire more workers, in stark contrast with the classic monopsony model, where a firm aims … to reduce the amount of labor it hires. The combination of search complementarities and monopsony power induces a strong …