Imperfect Competition in the Labor Market

Alan Manning

Chapter 11 in Handbook of Labor Economics, 2011, vol. 4B, pp 973-1041 from Elsevier

Abstract: It is increasingly recognized that labor markets are pervasively imperfectly competitive, that there are rents to the employment relationship for both worker and employer. This chapter considers why it is sensible to think of labor markets as imperfectly competitive, reviews estimates on the size of rents, theories of and evidence on the distribution of rents between worker and employer, and the areas of labor economics where a perspective derived from imperfect competition makes a substantial difference to thought.

JEL-codes: J0 (search for similar items in EconPapers)
Date: 2011
ISBN: 978-0-444-53452-1
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Citations: View citations in EconPapers (220)

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Related works:
Working Paper: Imperfect Competition in the Labour Market (2010)
Working Paper: Imperfect competition in the labour market (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:labchp:5-11

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