An emerging labor economics literature examines the consequences of firms exercising market power in local labor markets. The extent of this market power is likely to vary across local labor markets.

We develop a spatial dynamic general equilibrium model of a small open agricultural economy to study the impact of global food, fuel and fertilizer price shocks on consumption patterns of ...

Adrien's job market paper shows that the job-losing-rate is responsible for most of the spatial differences in unemployment and develops a dynamic theory of spatial geography that features equilibrium ...

Abstract: An emerging labor economics literature studies the consequences of firms exercising market power in local labor markets. These monopsony models have implications for trends in earnings ...