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Monopsony in labor markets: a review

Manning, Alan (2020) Monopsony in labor markets: a review. International Labour Review. ISSN 0020-7780

[img] Text (Monopsony in labor markets) - Accepted Version
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Abstract

There has been an increase in interest in monopsony in recent years. This paper 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.

Item Type: Article
Official URL: https://onlinelibrary.wiley.com/journal/1564913x
Divisions: Economics
JEL classification: J - Labor and Demographic Economics > J4 - Particular Labor Markets > J42 - Monopsony; Segmented Labor Markets
Date Deposited: 18 Feb 2020 16:15
Last Modified: 31 Mar 2020 23:10
URI: http://eprints.lse.ac.uk/id/eprint/103482

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