Difference between revisions of "Labor Market Monopsony: Trends, Consequences and Policy Responses"
From Critiques Of Libertarianism
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{{DES | des = "This issue brief explains how monopsony, or wage- setting power, in the labor market can reduce wages, employment, and overall welfare, and describes various sources of monopsony power." "But in the presence of anti-competitive firm behavior or labor market frictions that limit competition, policy must take a multipronged approach to promoting wage and job growth." | show=}} | {{DES | des = "This issue brief explains how monopsony, or wage- setting power, in the labor market can reduce wages, employment, and overall welfare, and describes various sources of monopsony power." "But in the presence of anti-competitive firm behavior or labor market frictions that limit competition, policy must take a multipronged approach to promoting wage and job growth." | show=}} | ||
