Monopsony, wage discrimination, and public policy.
A vast number of empirical studies have found that monopsony power is pervasive in labor markets. In some circumstances, the exercise of monopsony results in wage discrimination that is not taste‐based. Instead, it results from profit maximization in the presence of different labor supply functions...
| Publicado en: | Economic Inquiry Vol. 61; no. 3; pp. 572 - 584 |
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| Autores principales: | , , |
| Formato: | Artículo |
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Wiley-Blackwell
Jul2023
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=163991314&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 163991314 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00952583 EIQ jtl: Economic Inquiry issn: 00952583 maglogo: Y pubinfo: dt: Jul2023 vid: 61 iid: 3 pid: 480 pub: Wiley-Blackwell artinfo: ui: 163991314 10.1111/ecin.13131 ppf: 572 ppct: 12 formats: fmt: – @attributes: type: T – @attributes: type: C – @attributes: type: P size: 622KB tig: atl: Monopsony, wage discrimination, and public policy. aug: au: Alderman, Brianna L. Blair, Roger D. Saygin, Perihan Ö. affil: Department of Economics, University of Florida, Gainesville Florida,, USA Levin College of Law, University of Florida, Gainesville Florida,, USA Education Policy Research Center and Center for Gender, Sexualities, and Women's Studies Research, University of Florida, Gainesville Florida,, USA su: Government policy Labor supply Wages Labor market Sex discrimination Profit maximization Pay for performance sug: subj: Government policy Labor supply Wages Labor market Sex discrimination Temporary Help Services Profit maximization Pay for performance keyword: discrimination labor market monopsony discrimination labor market monopsony ab: A vast number of empirical studies have found that monopsony power is pervasive in labor markets. In some circumstances, the exercise of monopsony results in wage discrimination that is not taste‐based. Instead, it results from profit maximization in the presence of different labor supply functions of two distinct groups of workers. This paper examines the profit maximizing employment decisions of a monopsonist under these conditions, as well as the public policy regarding wage discrimination. The economic effects of the current statutes are also examined, as well as some policy recommendations to strengthen the prohibition of wage discrimination. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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