TY - JOUR T1 - Labor Market Polarization, Job Tasks and Monopsony Power JF - Journal of Human Resources JO - J Hum Resour DO - 10.3368/jhr.monopsony.0219-10011R1 SP - 0219-10011R1 AU - Ronald Bachmann AU - Gökay Demir AU - Hanna Frings Y1 - 2021/03/09 UR - http://jhr.uwpress.org/content/early/2021/03/02/jhr.monopsony.0219-10011R1.abstract N2 - Using a semi-structural approach based on a dynamic monopsony model, we examine to what extent workers performing different job tasks are exposed to different degrees of monopsony power, and whether these differences in monopsony power have changed over the last 30 years. We find that workers performing mostly non-routine cognitive tasks are exposed to a higher degree of monopsony power than workers performing routine or non-routine manual tasks. Job-specific human capital and non-pecuniary job characteristics are the most likely explanations for this result. We find no evidence that labor market polarization has increased monopsony power over time. ER -