Seniority and Monopsony in the Academic Labor Market
发现大学教授的资历越高，工资反而越低，与通常情况相反，并解释为雇主买方垄断歧视的结果。
Workers with high seniority usually have higher wages than workers with low seniority and the same total labor-marke t experience. In contrast, the results of this paper indicate that higher seniority is associated with lower salaries for university professors. The author documents this finding for national surveys a nd individual institutions and explains it as due to monopsonistic discrimination by employers. Copyright 1993 by American Economic Association.