Higher education, employers’ monopsony power and the labour share in OECD countries
This paper examines the impact of higher education on the labour share. It is based on the following idea: as education offers adaptability skills, it should reduce employers’ monopsony power and, therefore, increase the labour share. This idea is developed in a two-sector model with search unemploy...
|Place of publication:||
|Data of publication:||2006-07-01|
|Online Access:||available in Bonn?|
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