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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w7258 |
来源ID | Working Paper 7258 |
Is There Monopsony in the Labor Market? Evidence from a Natural Experiment | |
Douglas Staiger; Joanne Spetz; Ciaran Phibbs | |
发表日期 | 1999-07-01 |
出版年 | 1999 |
语种 | 英语 |
摘要 | A variety of recent theoretical and empirical advances have renewed interest in monopsonistic models of the labor market. However, there is little direct empirical support for these models, even in labor markets that are textbook examples of monopsony. We use an exogenous change in wages at Veterans Affairs hospitals as a natural experiment to investigate the extent of monopsony in the nurse labor market. In contrast to much of the prior literature, we estimate that labor supply to individual hospitals is quite inelastic, with short-run elasticity around 0.1. We also find that non-VA hospitals responded to the VA wage change by changing their own wages. |
主题 | Labor Economics ; Labor Market Structures ; Health, Education, and Welfare ; Health |
URL | https://www.nber.org/papers/w7258 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/564790 |
推荐引用方式 GB/T 7714 | Douglas Staiger,Joanne Spetz,Ciaran Phibbs. Is There Monopsony in the Labor Market? Evidence from a Natural Experiment. 1999. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w7258.pdf(79KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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