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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Testimony by Kate Bahn before the U.S. House of Representatives Judiciary Committee

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

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

Labor
TOPICS: 1
TOPICS: Monopsony

Explore Content in Monopsony58

working paper

Imperfect competition, compensating differentials and rent sharing in the U.S. labor market

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

CompetitionLabor
report

Modern U.S. antitrust theory and evidence amid rising concerns of market power and its effects

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

Labor
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How market power has increased U.S. inequality

CompetitionInequality & MobilityLabor
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Evolving worker and management attitudes toward labor organizations: The Equitable Growth context

Labor
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JOLTS Day Graphs: January 2019 Report Edition

Labor
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The search for and hiring of guest workers in the United States displays the complexity of market concentration and monopsony power

Labor
TOPICS: 1
TOPICS: Monopsony
working paper

Monopsony power and guest worker programs

Labor
TOPICS: 1
TOPICS: Monopsony
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Evidence indicates that mergers directly suppress wage growth for hospital workers in the United States

CompetitionLabor
working paper

Employer consolidation and wages: Evidence from hospitals

CompetitionLabor
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Building a competitive, talent-driven future for U.S. manufacturing requires investing in our nation’s high-tech advantage

LaborInequality & Mobility
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