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Oligopsony and Collective Bargaining

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NBER2026-07-01 更新2026-07-22 收录
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Employers facing limited labor market competition may suppress wages below socially optimal levels. Unions can counteract wage suppression through collective bargaining, though they may also push wages above the socially optimal level and lead to job rationing. We estimate a structural model of

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2026-07-01
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