Chapter 4. Imperfectly Competitive Labor Markets
- Joyce P. Jacobsen,
- Gilbert L. Skillman
Published Online: 14 JAN 2008
DOI: 10.1002/9780470755587.ch5
Copyright © 2004 by Joyce P. Jacobsen and Gilbert L. Skillman
Book Title
Labor Markets and Employment Relationships: A Comprehensive Approach
Additional Information
How to Cite
Jacobsen, J. P. and Skillman, G. L. (eds) (2008) Imperfectly Competitive Labor Markets, in Labor Markets and Employment Relationships: A Comprehensive Approach, Blackwell Publishing Ltd, Malden, MA, USA. doi: 10.1002/9780470755587.ch5
Publication History
- Published Online: 14 JAN 2008
- Published Print: 1 JAN 2004
ISBN Information
Print ISBN: 9780631208365
Online ISBN: 9780470755587
- Summary
- Chapter
- References
Keywords:
- labor markets;
- wage-taking behavior;
- flexible wage adjustment;
- pure monopsony;
- buyer-side competition
Summary
This chapter contains section titled:
BEHIND THE WAGE ASSUMPTIONS OF THE COMPETITIVE MODEL Wage-taking behavior
Flexible wage adjustment
MONOPSONY IN THE LABOR MARKET Pure monopsony
Oligopsony: the case of limited buyer-side competition
Mobility barriers and monopsony power
UNIONS AS LABOR MONOPOLIES Wage effects for unionized workers
Labor spillover and threat effects of union wage gains
THE PROBLEM OF BILATERAL MONOPOLY
WAGE-DEPENDENT GAINS FROM LABOR EXCHANGE
CONCLUSION