Topic Monopsony

Monopsony in the labor market describes employers’ ability to set wages below competitive levels, due to a variety of causes. including increased market concentration and limited job mobility. Equitable Growth digs deep to understand the many causes of monopsony in the U.S. labor market, the extent of monopsony in the labor market today, and what policies can restore balance to competition so workers can earn fair wages.

Featured work

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Employer concentration suppresses wages for several million U.S. workers: antitrust and labor market regulators should respond

Labor
TOPICS: 1
TOPICS: Monopsony
Vision 2020

Wage and employment implications of U.S. labor market monopsony and possible policy solutions

CompetitionLaborInequality & Mobility
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How racial and gendered pay discrimination persists under monopsony in the United States

Labor
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Research finds the domestic outsourcing of jobs leads to declining U.S. job quality and lower wages

LaborCompetition
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Modern U.S. antitrust research supports strict enforcement of the law

CompetitionLabor
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Understanding the importance of monopsony power in the U.S. labor market

Labor

Explore Content in Monopsony85

Competitive Edge

Competitive Edge: Big Ag’s monopsony problem: How market dominance harms U.S. workers and consumers

CompetitionLabor
post

A new vision for antitrust enforcement in the United States

CompetitionLabor
Competitive Edge

Competitive Edge: Why noncompete clauses in employment contracts are by and large harmful to U.S. workers and the U.S. economy

CompetitionLabor
working paper

Labor Non-Compete Agreements: Tool for Economic Efficiency, or Means to Extract Value from Workers?

CompetitionLabor
post

Employer concentration suppresses wages for several million U.S. workers: antitrust and labor market regulators should respond

Labor
TOPICS: 1
TOPICS: Monopsony
working paper

Employer Concentration and Outside Options

Labor
Boosting Wages

Boosting wages when U.S. labor markets are not competitive

CompetitionLaborInequality & Mobility
Past Event

Ideas to Boost Wages in the New Economy: Ten Essays on Raising Wages for U.S. Workers

Labor
report

Restoring competition in the United States

CompetitionLabor
post

Equitable Growth’s labor market experts deliver comment letter to U.S. Department of Labor on status of independent contractors

CompetitionLaborInequality & Mobility
report

Wage discrimination and the exploitation of workers in the U.S. labor market

LaborInequality & MobilityFamilies
grant

Optimal tax policy in imperfectly competitive U.S. labor markets

LaborTax & Macroeconomics
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