Journal Article
Research Spotlight: Measuring Employers’ Market Power
Banerjee, Abhimanyu (2022-07)
How competitive is the U.S. labor market? Is it highly competitive with few to no distortions, or do a few firms hold dominant market power? Answering this question quantitatively is helpful for understanding how wages are affected by labor market power, and thus for understanding how workers will be affected by labor policy choices.
Econ Focus , Volume 22 , Issue 3Q , Pages 19