Monopsony Power in Occupational Labor Markets

Autor:	Facundo Sepulveda, Fabio Mendez
Rok vydání:	2019
Předmět:	Power (social and political) Organizational Behavior and Human Resource Management Management of Technology and Innovation Strategy and Management Economics Demographic economics National Longitudinal Surveys Monopsony
Zdroj:	Journal of Labor Research. 40:387-411
ISSN:	1936-4768 0195-3613
Popis:	We collect data from the 1979 National Longitudinal Survey of Youth and create comparable measures of monopsonistic power for up to 46 occupational labor markets in the USA, starting in 1979 and ending in 2000. Our results suggest most occupational labor markets during that period were characterized by substantial amounts of monopsonistic, wage-setting power. Furthermore, after controlling for individual, time, and industry fixed effects, our results show a negative and significant correlation between the extent of monopsony power that characterizes a market and both, the wages and fringe benefits received by workers.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::f554577bd6d42990e654bad6ee8033c3 https://doi.org/10.1007/s12122-019-09289-w Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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