TITLE

MONOPSONY IN A MUDDLE

AUTHOR(S)
Gramm, William P.; Ekelund Jr., Robert B.
PUB. DATE
September 1968
SOURCE
American Economist;Fall68, Vol. 12 Issue 2
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Comments on economists Ralph Gray and John E. Morrill's attempt to extend the Falero analysis of monopsony. Effects of a minimum wage imposed in a monopsonistic industry; Objections to the general conclusion that the introduction of a legal wage floor will reduce industry employment.
ACCESSION #
4527057

 

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