“Marshall Lecture 2020: The Measure of Monopsony”
结合摩擦和特质模型，讨论如何衡量劳动力市场的买方垄断势力，并展示英美两国证据，说明买方垄断势力如何随工资分布、商业周期和时间变化。
Abstract There has been increasing interest in recent years in monopsony in the labour market. This paper discusses how we can measure monopsony power by combining insights from models based on both frictions and idiosyncrasies. It presents some evidence from the United Kingdom and the United States about how monopsony power varies across the wage distribution within markets, over the business cycle and over time.