Skip navigation
Skip navigation

Worker Heterogeneity, New Monopsony and Training

Booth, Alison; Zoega, Gylfi


A worker's output depends not only on his/her own ability but also on that of colleagues, who can facilitate the performance of tasks that each individual cannot accomplish on his/her own. We show that this common-sense observation generates monopsony power and is sufficient to explain why employers might expend resources on training employees even when the training is of use to other firms. We show that training will take place in better-than-average or 'good' firms enjoying greater monopsony...[Show more]

CollectionsANU Research Publications
Date published: 2008
Type: Journal article
Source: LABOUR Review of Labour Economics and Industrial Relations
DOI: 10.1111/j.1467-9914.2007.00406.x


File Description SizeFormat Image
01_Booth_Worker_Heterogeneity,_New_2008.pdf175.58 kBAdobe PDF    Request a copy

Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  19 May 2020/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator