Oligopsony and monopsonistic competition in labor markets

By V. Bhaskar, Alan Manning, T. To. 2002

390 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/4570c95c31e06410184f66c960e576b2151b667a

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In Economics and Econometrics

Citations in the corpus

The Real Thin Theory: Monopsony in Modern Labour Markets (2003, background): “(2000) and Brueckner et al. (2002). All of these models are based on the model of product differentiation of Salop (1979) in which both workers and employers are located at some point in characteristics space (typically modelled as a circle), but, because of fixed costs of firm creation, employers d”
Differences in Labor Supply to Monopsonistic Firms and the Gender Pay Gap: An Empirical Analysis Using Linked Employer‐Employee Data from Germany (2010, background): “…engaging in Robinsonian discrimination, whereas they are biased by costly prejudices when engaging in discrimination due to distaste because their profits would be reduced in this case even if employers had considerable monopsony power (see, e.g., Bhaskar et al. 2002; Bowlus and Eckstein 2002).”
A Survey of the Effects of the Minimum Wage on Prices (2008, neutral): “lnY d t = α6 + ρ6 lnPt + χ6 lnXt + v6t (6)”
New Market Power Models and Sex Differences in Pay (2010, methodology): “The duopsony model presented in Bhaskar, Manning, and To (2002), for example, is basically consistent with this approach.”
Reallocation Effects of the Minimum Wage (2021, background): “More recently, Acemoglu (2001), Bhaskar, Manning, and To (2002), Flinn (2006), Berger, Herkenhoff, and Mongey (2019), and Mayneris, Poncet, and Zhang (2018), among others, show that in the presence of search frictions, product market frictions, or monopsonistic competition, minimum wage policies…”
Imperfect Competition, Compensating Differentials and Rent Sharing in the U.S. Labor Market (2019, positive): “This model builds on work by Rosen (1986), Boal and Ransom (1997), Bhaskar et al. (2002), Manning (2003), and Card et al. (2018). Competitive labor market theory requires firms to be wage takers so that labor supply to the individual firm is perfectly elastic.”