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Monopsony in the U.S. Labor Market

Economics

Monopsony in the U.S. Labor Market

C. Yeh, C. Macaluso, et al.

Discover how employer market power in the U.S. manufacturing sector has evolved over time in this insightful analysis by Chen Yeh, Claudia Macaluso, and Brad J. Hershbein. The research unveils the surprising reality of monopsonistic practices and an intriguing U-shaped trend in markdowns affecting workers' earnings.

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