Includes bibliographical references (pages 379-395) and index.
Part one. Basics -- part two. The structure of wages -- part three. Labor demand and supply -- part four. Wage-setting institutions and conclusions.
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What happens if an employer cuts wages by one cent? Much of labour economics is built on the assumption that all the workers will quit immediately. In this text, Alan Manning mounts a systematic challenge to the standard model of perfect competition.
JSTOR
22573/ctt4k77rd
Monopsony in motion
0691113122
Competition-- Mathematical models.
Labor economics-- Mathematical models.
Labor market-- Great Britain-- Mathematical models.
Labor market-- Mathematical models.
Labor market-- United States-- Mathematical models.
Monopsonies-- Mathematical models.
Wages-- Mathematical models.
Concurrence-- Modèles mathématiques.
Économie du travail-- Modèles mathématiques.
Marché du travail-- États-Unis-- Modèles mathématiques.
Marché du travail-- Grande-Bretagne-- Modèles mathématiques.