inequality ; monopsony ; efficiency wage ; over-education …

This paper investigates the degree of monopsony power of employers in different industries against the background of a …

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

wages with theory. However, systematic evidence for the monopsony argument is scarce. In this paper, I perform a … comprehensive test of monopsony theory by using labor market concentration as a proxy for monopsony power. Labor market … ökonomischen Theorie in Einklang zu bringen. In der Literatur finden sich jedoch kaum systematische Belege für das Monopson …

employment in the United States. Whenever the minimum wage has positive or no effects on employment, they appeal to monopsony … States under concentrated labor markets and low-mobility jobs (two variables that measure monopsony), identify heterogeneous … effects among different scenarios derived from the monopsony model, and provide a plausible explanation of the mixed results …