American Economic Review Vol. 83 No. 1 1993
Seniority and Monopsony in the Academic Labor Market
Abstract
Workers with high seniority usually have higher wages than workers with low seniority and the same total labor-market experience. In contrast, the results of this paper indicate that for university professors higher seniority is associated with lower salaries. I document this finding for national surveys and individual institutions and explain it as due to monopsonistic discrimination by employers.
- Volume
- 83
- Issue
- 1
- Pages
- 221-233
- Sources
- bibtex:phds-export.bib