Researchers' interest in monopsony has increased in recent years. This article reviews the
accumulating evidence that employers have considerable monopsony power. It summarizes …

Science, technology, engineering, and mathematics (STEM) workers are fundamental inputs
for innovation, the main driver of productivity growth. We identify the long-run effect of STEM …

US policy makers are always on the hunt for levers that can boost entrepreneurship and
innovation. Especially in a time of declining business dynamism (Decker et al. 2014) and an …

The authors investigate immigrants' and natives' labor supply to the firm within an estimation
approach based on a dynamic monopsony framework. Applying duration models that …

This paper assesses whether delays in obtaining permanent residency status can explain
recent declines in the share of Chinese and Indian PhD graduates from US STEM programs …

Talent is the most precious resource for today's knowledge-based economy, and a
significant share of the US skilled workforce in technology fields is foreign born. The United …

In a competitive labor market, immigration affects native wages only through its impact on
marginal products. Under the sole assumption of constant returns, we show that a larger …

This article confronts monopsony theory's predictions regarding workers' wages with
observed wage patterns over the business cycle. Using German administrative data for the …

I analyze how visa policies affect international students' transition to the US labor market.
The Optional Practical Training (OPT) program permits international students to work via a …

Abstract Using the National Survey of College Graduates, we investigate the job mobility of
skilled workers holding US temporary visas. Such workers either have legal restrictions on …