Monopsony and Union Power in the Market for Nurses

Link, Charles R.; Landon, John H.

doi:10.2307/1056484

Cited by 59 publications

(31 citation statements)

References 6 publications

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“…A number of studies have examined the association between local market structure and hospital wage rates, including Hurd [8], Link and Landon [10], Fottler [7], Sloan and Elnicki [18], and Feldman and Scheffler [4]. These studies generally find the hypothesized positive association between degree of structural competition and level of wages across local hospital markets.…”

Section: The Monopsony Modelmentioning

confidence: 99%

Market Structure, Employment, and Skill Mix in the Hospital Industry

Robinson¹

1988

Southern Economic Journal

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Section: The Monopsony Modelmentioning

confidence: 99%

Market Structure, Employment, and Skill Mix in the Hospital Industry

Robinson¹

1988

Southern Economic Journal

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“…Since empirical estimates presented in this study do not suggest FENs taking lower wages, monopsony should have little or no impact on FENs' relative wages. Furthermore, given that unionization is potentially a strong countervailing force to the monopsony powers exercised by hospitals, imperfect competition likely has limited effect on estimates in this study (Link and Landon 1975).…”

Section: Imperfect Competition In the Labor Marketmentioning

confidence: 99%

The international transferability of human capital in nursing

Huang

2011

Int J Health Care Finance Econ

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This study examines the transferability of foreign human capital in nursing using the 1988-2004 National Sample Survey of Registered Nurses (NSSRN). In contrast with theoretical predictions and previous studies, this research finds evidence that foreign nursing education commands a higher return than U.S. education, even after controlling for a rich set of covariates. Consistent with the literature, the estimates illustrate foreign experience earns a lower return than domestic experience in nursing. Analysis across subsamples reveals the counter-intuitive foreign education premium is driven by foreign nurses educated in English-speaking countries and those working in hospitals. These estimates suggest future research should take into account the heterogeneity in the returns on foreign education across occupations.

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“…A recent Chinese study aptly described monopsony as ''extremely central utilitarianism'' (Lin 2008). Economic theory predicts that monopsony will exert negative and artificial pressures on competitive markets, for example, depressing wages where labour mobility is low and skill levels are high (Link and Landon 1975). A monopsonist has the power to effect the market price of a purchased good, determine the quantity being purchased, set standards for the quality demanded and fix the conditions of purchase.…”

Section: Monopsony and Higher Educationmentioning

confidence: 99%

The effects of monopsony in higher education

Cooke

Lang

2008

High Educ

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The paper examines the results of a study of strategic plans in community colleges in Ontario, Canada between 1995 and 2005. The system was very similar to centralized systems in many jurisdictions including China. The study found that (1) the strategies of those colleges were more alike than different; (2) the strategic content of the plans as texts was relatively weak; and (3) attention to organizational field was limited. The paper uses institutional theory and the concept of monopsony to explain these findings. Individual institutions and organizational fields evolve because of the interaction of socialpolitical forces that govern their sector and set the standards for legitimacy in the field. The colleges studied are subject to the monopsonistic power of a provincial government to the point that monopsony trumps strategy. Colleges could overcome monopsony by adopting a network model whereby they would redefine the nature of the exchange among colleges and between colleges and government.

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Monopsony and Union Power in the Market for Nurses

Cited by 59 publications

References 6 publications

Market Structure, Employment, and Skill Mix in the Hospital Industry

Market Structure, Employment, and Skill Mix in the Hospital Industry

The international transferability of human capital in nursing

The effects of monopsony in higher education

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