Oligopsony and monopsonistic competition in labor markets

被引:151
作者
Bhaskar, V [1 ]
Manning, A
To, T
机构
[1] Univ Essex, Colchester CO4 3SQ, Essex, England
[2] London Sch Econ, Ctr Econ Performance, London, England
[3] US Bur Labor Stat, Washington, DC 20212 USA
关键词
D O I
10.1257/0895330027300
中图分类号
F [经济];
学科分类号
02 ;
摘要
We argue that models of oligopsony or monopsonistic competition provide insights and explanation for many empirical phenomena in labor markets. Using a simple model with job differentiation and preference heterogeneity, we illustrate how such models can be employed to explain the existence of wage dispersion, the persistence of labor market discrimination, market failures in the provision of training and the anomalous employment effects of minimum wages.
引用
收藏
页码:155 / 174
页数:20
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