We show in a monopsony model that a minimum wage may raise hours which are already too high but has ambiguous effects on the number of employees and utility. Employment subsidies, in contrast, unambiguously improve worker utility and bring the market equilibrium closer to the efficient outcome
We set out a model of monopsonistic competition, where each employer competes equally with every oth...
With nominal wage rigidities, it is crucial to distinguish whether wages are set by workers or firms...
We set out a model of monopsonistic competition, where each employer competes equally with every oth...
We show in a monopsony model that accounting for changes in hours a minimum wage has ambiguous effec...
A monopsony model of the labour market is developed where wages and the effort level are chosen by ...
JEL Classification: J30 A monopsony model of the labour market is developed where wages and the effo...
A simple supply and demand argument apparently shows that minimum wage policy, ironically, hurts th...
Economists increasingly refer to monopsony power to reconcile the absence of negative employment eff...
Researchers’ interest in monopsony has increased in recent years. This article reviews the accumulat...
Recent empirical work on the effects of minimum wages has called into question the conventional wisd...
In this study, we perform an assessment of the level of monopsony power in the Portuguese la-bor mar...
We analyze optimal taxation in an economy with monopsonistic labor markets. The individuals, whose o...
Although interest in monopsonistic influences on labor market outcomes has revived in recent years, ...
How does monopsony power affect optimal income taxation and welfare? I study this question in a Mirr...
‘Monopsony and Labour Demand’ might strike many as a contradiction in terms as monopsony is often th...
We set out a model of monopsonistic competition, where each employer competes equally with every oth...
With nominal wage rigidities, it is crucial to distinguish whether wages are set by workers or firms...
We set out a model of monopsonistic competition, where each employer competes equally with every oth...
We show in a monopsony model that accounting for changes in hours a minimum wage has ambiguous effec...
A monopsony model of the labour market is developed where wages and the effort level are chosen by ...
JEL Classification: J30 A monopsony model of the labour market is developed where wages and the effo...
A simple supply and demand argument apparently shows that minimum wage policy, ironically, hurts th...
Economists increasingly refer to monopsony power to reconcile the absence of negative employment eff...
Researchers’ interest in monopsony has increased in recent years. This article reviews the accumulat...
Recent empirical work on the effects of minimum wages has called into question the conventional wisd...
In this study, we perform an assessment of the level of monopsony power in the Portuguese la-bor mar...
We analyze optimal taxation in an economy with monopsonistic labor markets. The individuals, whose o...
Although interest in monopsonistic influences on labor market outcomes has revived in recent years, ...
How does monopsony power affect optimal income taxation and welfare? I study this question in a Mirr...
‘Monopsony and Labour Demand’ might strike many as a contradiction in terms as monopsony is often th...
We set out a model of monopsonistic competition, where each employer competes equally with every oth...
With nominal wage rigidities, it is crucial to distinguish whether wages are set by workers or firms...
We set out a model of monopsonistic competition, where each employer competes equally with every oth...
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