Monopsony in Motion : Imperfect Competition in Labor Markets.

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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. Monopsony in Motion stands apart by analyzing labor market...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Manning, Alan
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Princeton University Press, 2013.
Temas:
Labor market > Mathematical models.
Wages > Mathematical models.
Labor economics > Mathematical models.
Monopsonies > Mathematical models.
Competition > Mathematical models.
Labor market > United States > Mathematical models.
Labor market > Great Britain > Mathematical models.
Marché du travail > Modèles mathématiques.
Économie du travail > Modèles mathématiques.
Monopsones > Modèles mathématiques.
Marché du travail > États-Unis > Modèles mathématiques.
Marché du travail > Grande-Bretagne > Modèles mathématiques.
Competition > Mathematical models
Labor economics > Mathematical models
Labor market > Mathematical models
Wages > Mathematical models
Great Britain
United States
Acceso en línea:Texto completo
Descripción
Sumario: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. Monopsony in Motion stands apart by analyzing labor markets from the real-world perspective that employers have significant market (or monopsony) power over their workers. Arguing that this power derives from frictions in the labor market that make it time-consuming and costly for workers to change jobs, Manning re-examines much of labor economic.
Descripción Física:1 online resource
ISBN:1306142733
9781306142731
9781400850679
1400850673

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