Monopsonistic labour markets

Publikation: Beiträge in SammelwerkenAufsätze in SammelwerkenForschung

Standard

Monopsonistic labour markets. / Hirsch, Boris; Jahn, Elke J.
Elgar Encyclopedia of Labour Studies. Hrsg. / Tor Eriksson. Cheltenham: Edward Elgar Publishing, 2023. S. 130-133 (Elgar encyclopedias in economics and finance series).

Publikation: Beiträge in SammelwerkenAufsätze in SammelwerkenForschung

Harvard

Hirsch, B & Jahn, EJ 2023, Monopsonistic labour markets. in T Eriksson (Hrsg.), Elgar Encyclopedia of Labour Studies. Elgar encyclopedias in economics and finance series, Edward Elgar Publishing, Cheltenham, S. 130-133. https://doi.org/10.4337/9781800377547.ch31

APA

Hirsch, B., & Jahn, E. J. (2023). Monopsonistic labour markets. In T. Eriksson (Hrsg.), Elgar Encyclopedia of Labour Studies (S. 130-133). (Elgar encyclopedias in economics and finance series). Edward Elgar Publishing. https://doi.org/10.4337/9781800377547.ch31

Vancouver

Hirsch B, Jahn EJ. Monopsonistic labour markets. in Eriksson T, Hrsg., Elgar Encyclopedia of Labour Studies. Cheltenham: Edward Elgar Publishing. 2023. S. 130-133. (Elgar encyclopedias in economics and finance series). doi: 10.4337/9781800377547.ch31

Bibtex

@inbook{3ff47366a63946a4b4f4319dcc9cdd4f,
title = "Monopsonistic labour markets",
abstract = "Monopsony refers to a labour market with a single employer/buyer of labour being able to set the wage. While for a long time considered as a curiosity, a recent vibrant literature has demonstrated that monopsonistic markets (few buyers of labour with market power) in fact is a widespread phenomenon.Several reasons for monopsony power: search costs, preferences for non-wage attributes, mobility costs and employers{\textquoteright} no-compete agreements. Many studies focus on measurement of monopsony power; the growing evidence of employers actually using it is so far mainly indirect. Studies remain largely silent on specific mechanisms behind monopsony. There is also but little evidence of which policies constrain employers from exercising their monopsony power.",
keywords = "Economics, Mechanisms of monopsonistic power, Measurement of monopsony power, Monopsony power, Monopsony",
author = "Boris Hirsch and Jahn, {Elke J.}",
year = "2023",
month = sep,
day = "19",
doi = "10.4337/9781800377547.ch31",
language = "English",
isbn = "978-1-80037-753-0",
series = "Elgar encyclopedias in economics and finance series",
publisher = "Edward Elgar Publishing",
pages = "130--133",
editor = "Tor Eriksson",
booktitle = "Elgar Encyclopedia of Labour Studies",
address = "United Kingdom",

}

RIS

TY - CHAP

T1 - Monopsonistic labour markets

AU - Hirsch, Boris

AU - Jahn, Elke J.

PY - 2023/9/19

Y1 - 2023/9/19

N2 - Monopsony refers to a labour market with a single employer/buyer of labour being able to set the wage. While for a long time considered as a curiosity, a recent vibrant literature has demonstrated that monopsonistic markets (few buyers of labour with market power) in fact is a widespread phenomenon.Several reasons for monopsony power: search costs, preferences for non-wage attributes, mobility costs and employers’ no-compete agreements. Many studies focus on measurement of monopsony power; the growing evidence of employers actually using it is so far mainly indirect. Studies remain largely silent on specific mechanisms behind monopsony. There is also but little evidence of which policies constrain employers from exercising their monopsony power.

AB - Monopsony refers to a labour market with a single employer/buyer of labour being able to set the wage. While for a long time considered as a curiosity, a recent vibrant literature has demonstrated that monopsonistic markets (few buyers of labour with market power) in fact is a widespread phenomenon.Several reasons for monopsony power: search costs, preferences for non-wage attributes, mobility costs and employers’ no-compete agreements. Many studies focus on measurement of monopsony power; the growing evidence of employers actually using it is so far mainly indirect. Studies remain largely silent on specific mechanisms behind monopsony. There is also but little evidence of which policies constrain employers from exercising their monopsony power.

KW - Economics

KW - Mechanisms of monopsonistic power

KW - Measurement of monopsony power

KW - Monopsony power

KW - Monopsony

UR - https://www.e-elgar.com/shop/gbp/elgar-encyclopedia-of-labour-studies-9781800377530.html

UR - https://www.elgaronline.com/display/book/9781800377547/ch31.xml

UR - https://www.mendeley.com/catalogue/2d2377bc-a424-37f3-a250-01b0f1c0f811/

U2 - 10.4337/9781800377547.ch31

DO - 10.4337/9781800377547.ch31

M3 - Contributions to collected editions/anthologies

SN - 978-1-80037-753-0

T3 - Elgar encyclopedias in economics and finance series

SP - 130

EP - 133

BT - Elgar Encyclopedia of Labour Studies

A2 - Eriksson, Tor

PB - Edward Elgar Publishing

CY - Cheltenham

ER -

DOI