We contribute a theory in which three channels interact to determine the degree of monopsony power and therefore the wedge between a workers spot wage and her marginal product (henceforth, the wage ma
Models of worker flows have revitalized the idea of monopsony in the labor market. We apply such a model to gender differences. We argue that monopsonistic discrimination may be a substantial factor b
This paper tests for and measures monopsony power in the U.S. higher education labor market. It does so by directly estimating the residual labor supply curves facing individual four-year colleges and
In May 1981, President Franois Mitterrand regularized the status of undocumented immigrant workers in France. The newly legalized immigrants represented 12 percent of the non-French workforce and abou
