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How monopsony employers keep wages down

13th April 2018

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This great pieceexplains why employers have monopsony power over employees and how the institutional features of many US labour markets have emerged to support this position.

Monopsony power is an increasingly important issue in labour market economics and has important consequences for both equity and efficiency and also macroeconomic performance.

You can find lots of resources on monopsony power in labour markets using this link

How the American economy conspires to keep wages down | Gabriel Winant https://t.co/v26PCi9Ipg
— The Guardian (@guardian) April 13, 2018

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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How monopsony employers keep wages down

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