22
14:15 - 15:45
IWH Research Seminar
MAY
2023
14:15 - 15:45
Monopsony Makes Firms Not Only Small but Also Unproductive: Why East-Germany Has Not Converged
When employers face a trade-off between growing large and paying low wages — that is, when they have monopsony power — some productive employers will decide to acquire fewer customers, forgo sales, and remain small.
Who
(University of Notre Dame)
Where
Personal details
Rüdiger Bachmann is Stepan Family College Professor of Economics, Graduate Placement Director at University of Notre Dame. His research area is macroeconomics, where he specializes in the macroeconomics of heterogeneous agents. He is also interested in the implications of uncertainty and expectation formation on macroeconomic outcomes.
Whom to contact
Head of CBPD
If you have any further questions please contact me.
+49 345 7753-750 Request per E-Mail
