Monopsony in Motion

Imperfect Competition in Labor Markets

Autori

• Alan Manning

Parametri

• 414 pagine
• 15 ore di lettura

• Economia e affari
• Scienze sociali

Maggiori informazioni sul libro

Exploring the dynamics of labor markets, this book challenges the traditional view of perfect competition by introducing the concept of monopsony power held by employers. Alan Manning contends that employers can exert significant influence over wages due to market frictions that hinder workers from easily changing jobs. By re-evaluating established labor economics theories through this lens, the author presents a compelling argument that the impact of wage cuts can be more nuanced than previously thought, reshaping our understanding of labor market behavior.

Lingua: Inglese

Pubblicato: 2005

(In brossura)