Currie, Janet; Farsi, Mehdi; MacLeod, Bentley W. - Industrial Relations Section, Department of Economics - 2004
This paper uses data from the 1990s to examine changes in the wages, employment, and e¡èort of nurses in California hospitals following takeovers by large chains. The market for nurses has been described as a classic monopsony, so that one might expect increases in ?rm market power to be...