took place and trace back the development of wage labor within agriculture, industry and service sector. In particular, the …-industrial time the social organization of work occurred in various forms and that wage labor was rather a rare phenomenon in the … beginning of the 19th century. Hence, a widespread and functioning labor market cannot be identified at that time. Rudimentary …

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 …