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dc.contributor.authorRansom, Michael R.en_US
dc.contributor.authorSims, David P.en_US
dc.date.accessioned2009-10-07en_US
dc.date.accessioned2010-07-07T11:50:07Z-
dc.date.available2010-07-07T11:50:07Z-
dc.date.issued2009en_US
dc.identifier.piurn:nbn:de:101:1-2009082000en_US
dc.identifier.urihttp://hdl.handle.net/10419/35295-
dc.description.abstractIn the context of certain dynamic models, it is possible to infer the elasticity of labor supply to the firm from the elasticity of the quit rate with respect to the wage. Using this property, we estimate the average labor supply elasticity to public school districts in Missouri. We take advantage of the plausibly exogenous variation in pre-negotiated district salary schedules to instrument for actual salary. Instrumental variables estimates lead to a labor supply elasticity estimate of about 3.7, suggesting the presence of significant market power for school districts, especially over more experienced teachers. The presence of monopsony power in this labor market may be partially explained by institutional features of the teacher labor market.en_US
dc.language.isoengen_US
dc.publisherForschungsinst. zur Zukunft der Arbeit Bonnen_US
dc.relation.ispartofseriesIZA Discussion Papers 4271en_US
dc.subject.jelJ42en_US
dc.subject.jelJ63en_US
dc.subject.ddc330en_US
dc.subject.keywordLabor monopsonyen_US
dc.subject.keywordteachersen_US
dc.subject.stwLehrkräfteen_US
dc.subject.stwArbeitsangeboten_US
dc.subject.stwElastizitäten_US
dc.subject.stwSchuleen_US
dc.subject.stwMonopsonen_US
dc.subject.stwSchätzungen_US
dc.subject.stwMissouri (Staat)en_US
dc.titleEstimating the firm's labor supply curve in a new monopsony framework: school teachers in Missourien_US
dc.typeWorking Paperen_US
dc.identifier.ppn608071587en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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