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If You Don’t Like Your Job, Can You Always Quit? Pervasive Monopsony Power and Freedom in the Labor Market

Abstract: One common metric of monopsony power is the quit elasticity, measuring how much more likely a worker is to quit a job in response to a wage change. Experimental and quasi-experimental variation in wages across workers within a given job results in quit elasticities in the 2-3 range, implyi...

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Hlavní autoři: Suresh Naidu, Michael Carr
Médium: Artigo
Jazyk:Inglês
Vydáno: University of California, Berkeley 2022-09-01
Edice:Journal of Law and Political Economy
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On-line přístup:http://escholarship.org/uc/item/3t61g53n
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