Who Set Your Wage?
回顾了关于买方垄断工资设定的最新研究，基于搜索理论和差异化产品模型，识别企业特定劳动力供给弹性，发现企业拥有一定工资设定权，但权力来源仍存疑问。
I discuss the recent literature that has led to new interest in the idea of monopsonistic wage setting. Building on advances in search theory and in models of differentiated products, researchers have used a number of different strategies to identify the elasticity of firm-specific labor supply. A growing consensus is that firms have some wage-setting power, though many questions remain about the sources of that power.