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Méra, Xavier - 2017

Standard monopsony theory, old and new, lacks a realistic criterion to distinguish between monopsony and competitive … "monopoly price-gap", with monopoly and monopsony prices as two features of the same phenomenon … the elasticity of the demand schedules for their products, can be altered as a result of coercion, lead to a theory of …

Persistent link: https://www.econbiz.de/10012956999

Monopsonistic Discrimination, Worker Turnover, and the Gender Wage Gap

Barth, Erling - 2009

Motivated by models of worker flows, we argue in this paper that monopsonistic discrimination may be a substantial factor behind the overall gender wage gap. On matched employer-employee data from Norway, we estimate establishment-specific wage premiums separately for men and women, conditioning...

Persistent link: https://www.econbiz.de/10012765303

Monopsonistic Competition, Low-Wage Labour Markets, and Minimum Wages : An Empirical Analysis

Bachmann, Ronald - 2016

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

Persistent link: https://www.econbiz.de/10012989840

Common ownership in labor markets

Azar, José; Qiu, Yue; Sojourner, Aaron - 2022

In this paper, we study the effects of common ownership, the extent to which firms are linked via common owners, on employee earnings in U.S. local labor markets. Between 1999 and 2017, common ownership in local labor markets has more than doubled. Panel regressions show that employee earnings...

Persistent link: https://www.econbiz.de/10013278876

Optimal Taxation and Monopsonistic Labor Market : Does Monopsony Justify the Minimum Wage?

Cahuc, Pierre; Laroque, Guy - 2021

We analyze optimal taxation in an economy with monopsonistic labor markets. The individuals, whose only decisions are whether to work, or not, have heterogeneous productivities and opportunity costs of work. Given its preferences for redistribution, the government, which does not observe the...

Persistent link: https://www.econbiz.de/10013316879

Labour market polarisation, job tasks and monopsony power

Bachmann, Ronald; Demir, Gökay; Frings, Hanna - 2020

Using a semi-structural approach based on a dynamic monopsony model, we examine to what extent workers performing … different job tasks are exposed to different degrees of monopsony power, and whether these differences in monopsony power have … degree of monopsony power than workers performing routine or non-routine manual tasks. Job-specific human capital and non …

Persistent link: https://www.econbiz.de/10012405643

Non-monotonic employment effects by market structure and minimum wage level

Devereux, Kevin; Studnicka, Zuzanna - 2024

Minimum wages decrease employment in competitive markets, but can increase it in monopsonistic markets so long as they do not exceed the marginal product of labour. We find evidence of non-monotonicity both by market structure and minimum wage level. Minimum wage hikes initially increase hours...

Persistent link: https://www.econbiz.de/10014507670

Labour Market Economics, Behavioral Economics and Labour Market Power And Monopsony

Ireland, Derek - 2023

literature on labour market power, monopsony, and oligopsony, the behavioral and more conventional labour market economics … greater priority to: (i) assessing and remedying monopsony power in labour markets, (ii) the resulting worker, economic, and …

Persistent link: https://www.econbiz.de/10014254260

Monopsony, Efficiency, and the Regularization of Undocumented Immigrants

Borjas, George J.; Edo, Anthony - 2023

have monopsony power over undocumented workers because the undocumented may find it costly to participate in the open labor …

Persistent link: https://www.econbiz.de/10014346769

Monopsony power, offshoring, and a European minimum wage

Egger, Hartmut; Kreickemeier, Udo; Wrona, Jens - 2024

This paper sets up a two-country model of offshoring with monopolistically competitive product and monopsonistically competitive labour markets. In our model, an incentive for offshoring exists even between symmetric countries, because shifting part of the production abroad reduces local labour...

Persistent link: https://www.econbiz.de/10014467358