Income Distribution Commons^™

Employer Power: Consequences For Wages, Inequality And Spillovers, Ihsaan Bassier

Doctoral Dissertations

In several countries, wages have stagnated and union membership declined, even as productivity has increased. The established view of employers helpless to the labor market's invisible hand has increasingly come under question. Attention has turned towards the power of employers to set wages; yet only recently have the data required to investigate this – observing workers at their employers – become available, and then mostly in richer countries. My first chapter, “Monopsony in Movers” (co-authored with Arindrajit Dube and Suresh Naidu), proposes a new credible estimation strategy to measure employer monopsony power. We build on the idea that employers with …