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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A primer on monopsony power: Its causes, consequences, and implications for U.S. workers and economic growth

Labor
TOPICS: 1
TOPICS: Monopsony
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Understanding the economics of monopsony: How labor markets work under imperfect competition

Labor
working paper

Walmart Supercenters and Monopsony Power: How a Large, Low-Wage Employer Impacts Local Labor Markets

Labor
TOPICS: 1
TOPICS: Monopsony
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Kate Bahn testimony before the Joint Economic Committee on monopsony, workers, and corporate power

CompetitionLabor
Vision 2020

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

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

Labor

Explore Content in Monopsony133

report

Request for Proposals: How effective was the fiscal response to the COVID-19 recession for workers?

CompetitionLaborTax & MacroeconomicsFamiliesInequality & Mobility
report

Request for proposals: Research grants for early career scholars

CompetitionLaborTax & MacroeconomicsFamiliesInequality & Mobility
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New research finds $15 minimum wages raise pay and increase employment for low-wage workers

Labor
working paper

Minimum wage effects and monopsony explanations

Labor
grant

The Role of Regulations in the Development of Labor Market Power: Evidence from Clean Air Act’s New Source Review Permit Program

CompetitionLabor
grant

Microeconomic and Macroeconomic Implications of Wage Rigidity

Tax & MacroeconomicsLabor
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Equitable Growth delivers letter responding to the NTIA’s Privacy, Equity, and Civil Rights Request for Comment

Labor
working paper

Power and Dignity in the Low-Wage Labor Market: Theory and Evidence from Wal-Mart Workers

LaborCompetition
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Equitable Growth delivers comment letter responding to U.S. Department of Labor’s Advanced Notice of Proposed Rulemaking on classifying employees and independent contractors

Labor
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Equitable Growth delivers comment letter responding to the National Labor Relations Board’s Advanced Notice of Proposed Rulemaking on Joint-Employer Standard

Labor
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Equitable Growth delivers comment letter responding to FTC’s Advanced Notice of Proposing Rulemaking on Commercial Surveillance and Data Security

Labor
grant

Concentration and Racial Equity in Meat Processing

CompetitionLabor
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