The measure of monopsony
Monica Langella and
CEP Discussion Papers from Centre for Economic Performance, LSE
There has been increasing interest in recent years in monopsony in labour market. This paper discusses how we can measure monopsony power combining insights from models based on both frictions and idiosyncrasies. It presents some evidence from the UK and the US about how monopsony power varies across the wage distribution within markets, over the business cycle and over time.
Keywords: monopsony; labour market competition (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-com, nep-pke and nep-reg
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Working Paper: The measure of monopsony (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:cep:cepdps:dp1780
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