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.

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The death of the Phillips Curve is the time to lift up new economic indicators

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

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‘Skills gap’ arguments overlook collective bargaining and low minimum wages

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

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

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Rethinking collective action and U.S. labor laws in a monopsonistic economy

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TOPICS: Monopsony

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Vision 2020: Evidence for a Stronger Economy

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The death of the Phillips Curve is the time to lift up new economic indicators

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The once and future role of strikes in ensuring U.S. worker power

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Measuring firms’ labor market power in the United States

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Labor market concentration and welfare

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Business dynamics on American Indian Reservations: Understanding the role of the gaming industry and secondary employment growth

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