Labor Market Polarization, Job Tasks, and Monopsony Power

Ronald Bachmann, Gökay Demir and Hanna Frings

Journal of Human Resources, 2022, vol. 57, issue S, s11-s49

Abstract: Using a semistructural 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 changed over the last 30 years. We find that workers performing mostly nonroutine cognitive tasks are exposed to a higher degree of monopsony power than workers performing routine or nonroutine manual tasks. Job-specific human capital and nonpecuniary job characteristics are the most likely explanations for this result. We find no evidence that labor market polarization has increased monopsony power over time.

JEL-codes: J24 J42 J62 (search for similar items in EconPapers)
Date: 2022
Note: DOI: 10.3368/jhr.monopsony.0219-10011R1
References: Add references at CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
http://jhr.uwpress.org/cgi/reprint/57/S/S11
A subscription is required to access pdf files. Pay per article is available.

Related works:
Working Paper: Labour Market Polarisation, Job Tasks and Monopsony Power (2020)
Working Paper: Labour market polarisation, job tasks and monopsony power (2020)
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:uwp:jhriss:v:57:y:2022:i:s:p:s11-s49

Access Statistics for this article

More articles in Journal of Human Resources from University of Wisconsin Press
Bibliographic data for series maintained by ().