prevalent than the contrary worker monopoly. We further find a smaller prevalence and intensity of employer monopsony when … German plant data for the years 1999–2016, we document that employer monopsony involving below competitive wages is far more … unions or works councils are present and the opposite for worker monopoly. Finally, we document a close link between labour …

This paper studies the implications of monopsony power for optimal income taxation and welfare. Firms observe workers …' abilities while the government does not and monopsony power determines what share of the labor market surplus is translated into … profits. Monopsony power increases the tax incidence that falls on firms. This makes labor income taxes less (more) effective …

This paper studies the implications of monopsony power for optimal income taxation and welfare. Firms observe workers …' abilities while the government does not and monopsony power determines what share of the labor market surplus is translated into … profits. Monopsony power increases the tax incidence that falls on firms. This makes labor income taxes less (more) effective …