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The existing literature concerning the impact of cross-border merger activity on domestic wages can be split into two …’ effects tend to be more dominant with outward cross-border mergers. We employ comprehensive panel data on wages, unionization … and merger activity for US industry sectors over the 1986-2001 period in order to test the impact of cross-border merger …
Persistent link: https://www.econbiz.de/10014177351
Can a merger from duopoly to monopoly be detrimental for profits? This paper deals with this issue by focusing on the … highlighted that a wage ‘non‐rigidity’ result applies: the post‐merger wage is higher than in the pre‐merger equilibrium. Second …, it is shown that a ‘reversal result’ in relation to merger profitability actually realizes when the union is sufficiently …
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The paper analyzes wages in the U.S. airline industry, focusing on the role of collective bargaining in a changing …, wages are likely to head upward as carriers' financial health returns. Such wage levels may or may not be sustainable in the …
Persistent link: https://www.econbiz.de/10003384910
This paper introduces bias-corrected estimators for nonlinear panel data models with both time invariant and time varying heterogeneity. These include limited dependent variable models with both unobserved individual effects and endogenous explanatory variables, and sample selection models with...
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organize at highly profitable enterprises that are more likely to grow and pay higher wages. Using multiple establishment …, and wages. Essentially, outcomes for employers where unions barely won the election (e.g. by one vote) are compared to … those where the unions barely lost. The analysis finds small impacts on all outcomes that we examine; estimates for wages …
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