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 …

Ob die Marktform des Monopsons am Arbeitsmarkt vorliegt, ist fur die Frage des Für oder Wider des Mindestlohns von … Strukturen am Arbeitsmarkt nachgewiesen werden, die Einführung eines Mindestlohns nicht nur zu einer exogenen Lohnerhöhung für … gilt fur den Unternehmer mit Marktmacht am Arbeitsmarkt genau dasselbe, was auch fur alle anderen Unternehmer ohne …

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

This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using … unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to … workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony …

separate analyses for the USA, the UK, Germany and the Netherlands. We quantify the monopsony power due to search frictions and …