Monopsony Power in the Market for Nurses
50 Pages Posted: 14 Apr 2007 Last revised: 15 Oct 2022
Date Written: July 1989
Abstract
Estimates are presented of the inverse elasticity of supply of nursing services to the individual hospital, a quantity which is a natural measure of employer market power. The estimates corresponding to employment changes taking place over one year are quite high (in the neighborhood of 0.79) and even for changes taking place over three years are substantial (in the neighborhood of 0.26). The estimates do not significantly differ for hospitals in major metropolitan areas and do not depend very sensitively on the assumed form of the oligopsony equilibrium.
Suggested Citation: Suggested Citation
Sullivan, Daniel G., Monopsony Power in the Market for Nurses (July 1989). NBER Working Paper No. w3031, Available at SSRN: https://ssrn.com/abstract=979940
Do you have negative results from your research you’d like to share?
Recommended Papers
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.