The measure of monopsony

Monica Langella and Alan Manning

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: 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)
JEL-codes: J31 J42 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2021-06-30
New Economics Papers: this item is included in nep-com, nep-pke and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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http://eprints.lse.ac.uk/113925/ Open access version. (application/pdf)

Related works:
Working Paper: The measure of monopsony (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:113925

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