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Modern Models of Monopsony in Labor Markets: A Brief Survey

  • Orley C. Ashenfelter

    (Princeton University)

  • Henry Farber

    (Princeton University)

  • Michael R. Ransom

    (Brigham Young University)

There has been a renewed interest in monopsony in labor markets in recent years that includes both the traditional static approach to monopsony, ably reviewed by Boal and Ransom (1997) and the new'' approach to monopsony with more attention paid to dynamic issues, developed in detail by Manning (2003). The papers presented in this supplement highlight both approaches and illustrate the range of labor market settings in which the exercise of monopsony power may be important.

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File URL: http://arks.princeton.edu/ark:/88435/dsp01736664510
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Paper provided by Princeton University, Department of Economics, Industrial Relations Section. in its series Working Papers with number 1223.

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Date of creation: Apr 2010
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Handle: RePEc:pri:indrel:dsp01736664510
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