What is the effect of immigration on native labor-market outcomes? An extensive literature identifies the differential … impact of immigration on natives employed in jobs that are more exposed to immigrant labor (supply exposure). But immigrants …

How important is the exercise of classical monopsony power against labor for the level of wages and labor's share? We … novel screen to quantify how wages are affected by market power exerted in labor markets, either by a single firm or a group … of cooperating firms. The theory guides the measurement of labor “markdowns”, i.e., the gap between wage and the value of …