EconPapers    
Economics at your fingertips  
 

Monopsony in Labor Markets: A Review

Alan Manning ()

ILR Review, 2021, vol. 74, issue 1, 3-26

Abstract: Researchers’ interest in monopsony has increased in recent years. This article reviews the accumulating evidence that employers have considerable monopsony power. It summarizes the application of this idea to explaining the impact of minimum wages and immigration, in anti-trust, and in understanding how to model the determinants of earnings in matched employer–employee data sets and the implications for inequality and the labor share.

Keywords: monopsony; imperfect competition; labor markets; minimum wages (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0019793920922499 (text/html)

Related works:
Working Paper: Monopsony in labor markets: a review (2021) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:ilrrev:v:74:y:2021:i:1:p:3-26

DOI: 10.1177/0019793920922499

Access Statistics for this article

More articles in ILR Review from Cornell University, ILR School
Bibliographic data for series maintained by SAGE Publications ().

 
Page updated 2021-08-31
Handle: RePEc:sae:ilrrev:v:74:y:2021:i:1:p:3-26