Monopsony in the labor market: Profit vs. Wage maximization

Profit Maximization and the Market Selection Hypothesis

Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at http://www.jstor.org/about/terms.html. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your perso...

Wage Inequality in a Frictional Labor Market

Wage inequality in the United States has grown substantially in the past two decades. Standard supply-demand analysis in the empirics of inequality (e.g. Katz and Murphy (1992)) indicates that we may attribute some of this trend to an outward shift in the demand for high skilled labor. In this paper we examine a simple static channel in which the wage premium for skill may grow increased firm e...

Immigration, Labor Market and Wage Inequality

Gender Wage Discrimination in the Philippine Labor Market

This research seeks to quantify the extent that discrimination can explain the gender wage gap in the Philippine labor market. Today, it is fairly well established that women trail behind men in many domains in developing countries, and that this can potentially have far-reaching impacts on human and economic development. On average, women earn significantly less than men in the Philippines. It...

Male-Female Differences in the Low-Wage Labor Market