Monopsony in Motion: Imperfect Competition in Labor Markets by Alan Manning

Monopsony in Motion: Imperfect Competition in Labor Markets

Alan Manning

416 pages first pub 2003 (editions)

economics challenging informative medium-paced
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What happens if an employer cuts wages by one cent? Much of labor economics is built on the assumption that all the workers will quit immediately. Here, Alan Manning mounts a systematic challenge to the standard model of perfect competition. Monop...

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