University of Nevada, Reno, USA, and IZA, Germany
IZA World of Labor role
Assistant Professor, University of Nevada, Reno
Migration, labor market, wages, worker mobility
Assistant Professor, University of California, Riverside, 2007–2014
PhD Economics, University of Arizona, 2007
"Inter-firm mobility and return migration patterns of skilled guest workers." Journal of Population Economics (2016) (with B. Depew and P. Norlander).
"On input market frictions and estimation of factors demand." Southern Economic Journal 80:3 (2014): 772–781 (with A. Dupuy).
"The elasticity of labor supply to the firm over the business cycle." Labour Economics 24 (2013): 196–204 (with B. Depew).
"Race and gender sentencing under federal sentencing guidelines." American Economic Review 102:3 (2012): 256–260 (with S. Sarnikar and R. Oaxaca).
"A laboratory study of auctions with a buy price." Economic Inquiry 51 (2013): 1357–1373 (with Y. Durham, M. Roelofs, and S. Standifird).
Monopsony models question the classic view of wage-setting and reveal a new reason why wages may decrease during recessionsTodd Sorensen, April 2017Traditional models of the labor market typically assume that wages are set by the market, not the firm. However, over the last 15 years, a growing body of empirical research has provided evidence against this assumption. Recent studies suggest that a monopsonistic model, where individual firms and not the market set wages, may be more appropriate. This model attributes more wage-setting power to firms, particularly during economic downturns, which helps explain why wages decrease during recessions. This holds important implications for policymakers attempting to combat lost worker income during economic downturns.MoreLess