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Author : Yale Law School
Publisher :
ISBN 13 :
Total Pages : 639 pages
Book Rating : 4.:/5 (31 download)
Download or read book Monopsony in Manpower written by Yale Law School and published by . This book was released on 1953 with total page 639 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Orley C. Ashenfelter
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (128 download)
Download or read book Monopsony in the Labor Market written by Orley C. Ashenfelter and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper summarizes the results of nearly a dozen new papers presented at the Sundance Conference on Monopsony in Labor Markets held in October 2018. These papers, to be published as a special issue of the Journal of Human Resources, study various aspects of monopsony and failures of competition in labor markets. It also reports on the new developments in public policies associated with widespread concerns about labor market competition and efforts to ameliorate competitive failures. The conference papers range from studies of the labor supply elasticity individual firms face to studies of local labor market concentration to studies of explicit covenants suppressing labor market competition. New policies range from private and public antitrust litigation to concerns about the effect of mergers and inter-firm agreements on labor market competition. We provide a detailed discussion of the mechanics of the Silicon Valley High Tech Worker conspiracy to suppress competition based on Court documents in the case. Non-compete agreements, which are not enforceable in three states already, have also come under scrutiny.
Author : Orley Ashenfelter
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (128 download)
Download or read book Monopsony in the Labor Market written by Orley Ashenfelter and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper summarizes the results of nearly a dozen new papers presented at the Sundance Conference on Monopsony in Labor Markets held in October 2018. These papers, to be published as a special issue of the Journal of Human Resources, study various aspects of monopsony and failures of competition in labor markets. It also reports on the new developments in public policies associated with widespread concerns about labor market competition and efforts to ameliorate competitive failures. The conference papers range from studies of the labor supply elasticity individual firms face to studies of local labor market concentration to studies of explicit covenants suppressing labor market competition. New policies range from private and public antitrust litigation to concerns about the effect of mergers and inter-firm agreements on labor market competition. We provide a detailed discussion of the mechanics of the Silicon Valley High Tech Worker conspiracy to suppress competition based on Court documents in the case. Non-compete agreements, which are not enforceable in three states already, have also come under scrutiny.
Author : Robert F. Burk
Publisher : Univ of North Carolina Press
ISBN 13 : 9780807849613
Total Pages : 308 pages
Book Rating : 4.8/5 (496 download)
Download or read book Never Just a Game written by Robert F. Burk and published by Univ of North Carolina Press. This book was released on 2001-03-01 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: America's national pastime has been marked from its inception by bitter struggles between owners and players over profit, power, and prestige. In this book, the first installment of a highly readable, comprehensive labor history of baseball, Robert Burk d
Author : Alan Manning
Publisher : Princeton University Press
ISBN 13 : 1400850673
Total Pages : 414 pages
Book Rating : 4.4/5 (8 download)
Download or read book Monopsony in Motion written by Alan Manning and published by Princeton University Press. This book was released on 2013-12-03 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: What happens if an employer cuts wages by one cent? Much of labor economics is built on the assumption that all the workers will quit immediately. Here, Alan Manning mounts a systematic challenge to the standard model of perfect competition. Monopsony in Motion stands apart by analyzing labor markets from the real-world perspective that employers have significant market (or monopsony) power over their workers. Arguing that this power derives from frictions in the labor market that make it time-consuming and costly for workers to change jobs, Manning re-examines much of labor economics based on this alternative and equally plausible assumption. The book addresses the theoretical implications of monopsony and presents a wealth of empirical evidence. Our understanding of the distribution of wages, unemployment, and human capital can all be improved by recognizing that employers have some monopsony power over their workers. Also considered are policy issues including the minimum wage, equal pay legislation, and caps on working hours. In a monopsonistic labor market, concludes Manning, the "free" market can no longer be sustained as an ideal and labor economists need to be more open-minded in their evaluation of labor market policies. Monopsony in Motion will represent for some a new fundamental text in the advanced study of labor economics, and for others, an invaluable alternative perspective that henceforth must be taken into account in any serious consideration of the subject.
Author : Chen Yeh
Publisher :
ISBN 13 :
Total Pages : 128 pages
Book Rating : 4.:/5 (13 download)
Download or read book Monopsony in the U.S. Labor Market written by Chen Yeh and published by . This book was released on 2022 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper quantifies the extent to which the U.S. manufacturing labor market is characterized by employer market power and how such market power has changed over time. We find that the vast majority of U.S. manufacturing plants operate in a monopsonistic environment and, at least since the early 2000s, the labor market in U.S. manufacturing has become more monopsonistic. To reach this conclusion, we exploit rich administrative data for U.S. manufacturers and estimate plant-level markdowns—the ratio between a plant’s marginal revenue product of labor and its wage. In a competitive labor market, markdowns would be equal to unity. Instead, we find substantial deviations from perfect competition, as markdowns average 1.53. This result implies that a worker employed at the average manufacturing plant earns 65 cents on each dollar generated on the margin. To investigate long-term trends in employer market power, we propose a novel measure for the aggregate markdown that is consistent with aggregate wedges and also incorporates the local nature of labor markets. We find that the aggregate markdown decreased between the late 1970s and the early 2000s, but has been sharply increasing since.
Author : Samuel Dodini
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (136 download)
Download or read book Monopsony, Job Tasks, and Labor Market Concentration written by Samuel Dodini and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper extends the literature on monopsony and labor market concentration by taking a task-based approach and estimating the causal effect of concentration in the demand for skills on labor market outcomes. The prior literature has focused on industry and occupation concentration and likely overstates the degree of monopsony power, since worker skills are substitutable across different firms, occupations, and industries. Exploiting linked employer-employee data that cover the universe of Norwegian workers over time, we find that our job task-based measure shows lower degrees of concentration than the conventional industry-and occupation-based measures. We also find that the gender gap in concentration is substantially larger using this measure. Exploiting mass layoffs and establishment closures as exogenous shocks to local labor demand, we show that workers who experience a mass separation have substantially worse subsequent labor market outcomes when they are in more concentrated labor markets defined by skill clusters. Our results point to the existence of employer market power in the economy that is driven by the concentration of skill demand across firms.
Author : Matthew E. Kahn
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Monopsony in Spatial Equilibrium written by Matthew E. Kahn and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: An emerging labor economics literature studies the consequences of firms exercising market power in local labor markets. The extent of this market power is likely to vary across local labor markets. In choosing what local labor market to live and work in, workers tradeoff wages, house prices and local amenities. Building on the Rosen/Roback spatial equilibrium model, we investigate how the existence of local monopsony power affects the cross-sectional spatial distribution of wages and house prices across cities. We find that house prices decline with increases in the employment concentration in the local market. For renters, this offsets roughly 70 percent of the estimated monopsony wage effect and shifts part of the costs of monopsony to homeowners. We find evidence that collective bargaining and minimum wages limit the extent of capitalization of monopsony power into house prices.
Author : Dwayne Benjamin
Publisher :
ISBN 13 :
Total Pages : 758 pages
Book Rating : 4.E/5 ( download)
Download or read book Labour Market Economics written by Dwayne Benjamin and published by . This book was released on 1998 with total page 758 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Orley Ashenfelter
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (134 download)
Download or read book Special Issue: Monopsony in the Labor Market written by Orley Ashenfelter and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Dorothy Jane Mills
Publisher : McFarland
ISBN 13 : 9780786418480
Total Pages : 268 pages
Book Rating : 4.4/5 (184 download)
Download or read book A Woman's Work written by Dorothy Jane Mills and published by McFarland. This book was released on 2004-02-24 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: From 1949 until 1990, Dorothy Jane Mills quietly contributed her research and writing to the first baseball histories ever written by a historian. The wife of historian Harold Seymour, she found herself increasingly involved with his books, as the couple presided over mountains of records on the game and worked to prepare his imposing manuscripts for press. But she received no official credit. It was after Dr. Seymour's passing that other researchers learned she was the unattributed co-author of much of his work. This important memoir reveals details of the author's partnership with baseball's most revered historian. Many new facts regarding Mills' role come to light. Mills, now recognized as the game's first woman historian, also explains how her work as a teacher, editor, novelist, children's author, and public speaker fit into her baseball work. The book contains numerous photographs from the author's personal collection, most of them in print for the first time as well as a foreword by Steve Gietschier of The Sporting News.
Author : Matthew E. Kahn
Publisher :
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4.:/5 (112 download)
Download or read book Monopsony in Spatial Equilibrium written by Matthew E. Kahn and published by . This book was released on 2019 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: An emerging labor economics literature studies the consequences of firms exercising market power in local labor markets. These monopsony models have implications for trends in earnings inequality. The extent of this market power is likely to vary across local labor markets. In choosing what market to live and work in, workers tradeoff wages, rents and local amenities. Building on the Rosen/Roback spatial equilibrium model, we investigate how the existence of local monopsony power affects the cross-sectional spatial distribution of wages and rents across cities. We find an employment-weighted elasticity of land prices to concentration of -0.034-similar to Rinz (2018) reported elasticity of compensation to concentration. This finding has implications for who bears the economic incidence of labor market power. We present two extensions of the model focusing on the role of migration costs and worker skill heterogeneity.
Author : Burt S. Barnow
Publisher : W.E. Upjohn Institute
ISBN 13 : 0880994134
Total Pages : 229 pages
Book Rating : 4.8/5 (89 download)
Download or read book Occupational Labor Shortages written by Burt S. Barnow and published by W.E. Upjohn Institute. This book was released on 2013 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Barnow, Trutko, and Piatak focus on whether persistent occupation-specific labor shortages might lead to inefficiencies in the U.S. economy. They describe why shortages arise, the difficulty in ascertaining that a shortage is present, and how to assess strategies to alleviate the shortage. Four occupations are used as test cases: 1) special education teachers, 2) pharmacists, 3) physical therapists, and 4) home health and personal care aides. For each of these occupations the authors summarize evidence that reveals whether it is currently or has recently experienced a labor shortage and suggest possible ways to alleviate the shortage if it is present. The authors close with a chapter discussing their conclusions and potential uses for occupational shortage data, including in helping determine immigration policy. They also discuss the limited nature of the occupational data currently collected by the Bureau of Labor Statistics and how the federal and state governments could expand their data collection efforts to assist policy formation."--Publisher's website
Author : United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust, Monopolies, and Business Rights
Publisher :
ISBN 13 :
Total Pages : 452 pages
Book Rating : 4.0/5 ( download)
Download or read book Sports Programming and Cable Television written by United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust, Monopolies, and Business Rights and published by . This book was released on 1991 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 350 pages
Book Rating : 4.3/5 ( download)
Download or read book The American Economist written by and published by . This book was released on 1969 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Alan Manning
Publisher :
ISBN 13 : 9780753015438
Total Pages : 24 pages
Book Rating : 4.0/5 (154 download)
Download or read book Monopsony and the Efficiency of Labour Market Interventions written by Alan Manning and published by . This book was released on 2001 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly
Publisher :
ISBN 13 :
Total Pages : 532 pages
Book Rating : 4.3/5 (126 download)
Download or read book Professional Basketball written by United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly and published by . This book was released on 1972 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt:
