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CH 5: Frictions in the Labor Market

CH 5: Frictions in the Labor Market. Monopsony Source of monopsony power Effects on wages & employment Quasi-fixed labor costs Types of QF costs Effects of QF costs on hours/workers Training as a QF cost & consequences of training investments for structure of pay. Monopsony.

476 views • 21 slides

CH 5: Frictions in the Labor Market

386 views • 20 slides

CH 5: Frictions in the Labor Market

CH 5: Frictions in the Labor Market. Monopsony Source of monopsony power Effects on wages & employment Quasi-fixed labor costs Types of QF costs Effects of QF costs on hours/workers Training as a QF cost & consequences of training investments for structure of pay. Monopsony.

326 views • 19 slides

CH 5: Frictions in the Labor Market

CH 5: Frictions in the Labor Market. Monopsony Source of monopsony power Effects on wages & employment Quasi-fixed labor costs Types of QF costs Effects of QF costs on hours/workers Training as a QF cost & consequences of training investments for structure of pay. Monopsony.

337 views • 19 slides