Monopsony In Motion

Analyzes labor markets from the real-world perspective: employers have significant market (or monopsony) power over their workers. Arguing that this power derives from frictions in the labor market that make it time-consuming and costly for workers to change jobs, this book re-examines much of labor [...]
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Analyzes labor markets from the real-world perspective: employers have significant market (or monopsony) power over their workers. Arguing that this power derives from frictions in the labor market that make it time-consuming and costly for workers to change jobs, this book re-examines much of labor economics based on this assumption.