| 来源类型 | Working Paper
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| 规范类型 | 报告
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| DOI | 10.3386/w26070
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| 来源ID | Working Paper 26070
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| Monopsony Power in Higher Education: A Tale of Two Tracks |
| Austan Goolsbee; Chad Syverson
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| 发表日期 | 2019-07-15
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| 出版年 | 2019
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| 语种 | 英语
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| 摘要 | This paper tests for and measures monopsony power in the U.S. higher education labor market. It does so by directly estimating the residual labor supply curves facing individual four-year colleges and universities using school-specific labor demand instruments. The results indicate that schools have significant monopsony power over their tenure track faculty. Its magnitude is monotonic in rank, being greatest over full professors and smaller for associate and assistant professors. For non-tenure track faculty, however, universities do not seem to have any monopsony power and instead face perfectly elastic residual labor supply curves. Universities’ market power over tenure track faculty does not differ between public and private schools nor between female and male faculty. Monopsony power is greater for larger universities, and the geographic market for faculty seems to be national rather than local. Monopsony power is also larger at higher-status institutions as measured by Carnegie classifications, average test scores of the undergraduate student body, or initial salary rankings. The results also suggest that monopsony power has contributed to the trend toward non-tenure track faculty in U.S. |
| 主题 | Health, Education, and Welfare
; Education
; Labor Economics
; Labor Market Structures
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| URL | https://www.nber.org/papers/w26070
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| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583744
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推荐引用方式
GB/T 7714 |
Austan Goolsbee,Chad Syverson. Monopsony Power in Higher Education: A Tale of Two Tracks. 2019.
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文件名：
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w26070.pdf
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格式：
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Adobe PDF
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