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

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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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Is there a skilled labor shortage? The economic evidence on skills gap and labor shortage concerns

LaborInequality & MobilityFamilies
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Recent working paper explores connection between capital investment and labor demand in the United States

LaborTax & Macroeconomics
report

Protecting livestock producers and chicken growers

CompetitionLabor
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Kate Bahn testimony before the Select Committee on Economic Disparity and Fairness in Growth on imbalance of power

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

Labor
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The 2022 Midwest Economic Association annual meeting features key sessions on labor market monopsony

Inequality & MobilityLabor
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Walmart is a monopsonist that depresses earnings and employment beyond its own walls, but U.S. policymakers can do something about it

CompetitionLabor
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How a large employer’s low-road practices harm local labor markets: The impact of Walmart Supercenters

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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Exploring the impact of automation and new technologies on the future of U.S. workers and their families

LaborInequality & MobilityFamilies
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Testimony by Michelle Holder before the Joint Economic Committee

Inequality & MobilityFamiliesLabor
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