New answers tagged

6

Quoting your quote, emphasis altered by me: The “theory of the second best” clearly argues that once markets depart at all from perfect competition, efficiency may well be increased by further departures. For example, in the case of monopsony power in low-wage labor markets, legislated minimum wage increases can potentially move wages closer to efficient ...


3

Partial and tangential answer, but no other answers so far, so here goes: For the first part of the definition (people who complete the university program do not find placement in the field), data from the Survey of Earned Doctorates may be useful, particularly "Postgraduation plans (e.g., work, postdoc, other study or training) - Type and location of ...


Top 50 recent answers are included