Monopsony in labor markets: a review
Alan Manning ()
LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library
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: monospsony; imperfect competition; labor markets; minimum wages (search for similar items in EconPapers)
JEL-codes: J42 (search for similar items in EconPapers)
Pages: 24 pages
New Economics Papers: this item is included in nep-com, nep-gen and nep-ltv
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed
Published in Industrial and Labor Relations Review, 1, January, 2021, 74(1), pp. 3 - 26. ISSN: 0019-7939
Downloads: (external link)
http://eprints.lse.ac.uk/103482/ Open access version. (application/pdf)
Journal Article: Monopsony in Labor Markets: A Review (2021)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:103482
Access Statistics for this paper
More papers in LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library LSE Library Portugal Street London, WC2A 2HD, U.K.. Contact information at EDIRC.
Bibliographic data for series maintained by LSERO Manager ().