Currie, Janet; Farsi, Mehdi; Macleod, W. Bentley - In: ILR Review 58 (2005) 3, pp. 471-493
The authors examine changes in the wages, employment, and effort of nurses in California hospitals following takeovers by large chains in the 1990s. The market for nurses has been described as a classic monopsony, so that one might expect increases in firm market power to be associated with...