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The measure of monopsony

Langella, Monica and Manning, Alan ORCID: 0000-0002-7884-3580 (2021) The measure of monopsony. Journal of the European Economic Association. ISSN 1542-4766 (In Press)

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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.

Item Type: Article
Official URL: https://academic.oup.com/jeea
Additional Information: © 2021 The Authors
Divisions: Centre for Economic Performance
Economics
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HD Industries. Land use. Labor
Date Deposited: 26 Jul 2021 16:09
Last Modified: 15 Sep 2021 23:14
URI: http://eprints.lse.ac.uk/id/eprint/111444

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