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We hand-collect and standardize information describing all 3,055 antitrust lawsuits brought by the Department of … economic outcomes of a non-tradable industry in states targeted by DOJ antitrust lawsuits to outcomes of the same industry in … other states that were not targeted. We document that DOJ antitrust enforcement actions permanently increase employment by 5 …
Persistent link: https://www.econbiz.de/10014337831
Antitrust enforcement in the United States has declined since the 1960s. Building on several new datasets, we argue … antitrust law in confirmation hearings. We find little evidence that academic ideas played an important role in the decline of … antitrust enforcement except where they coincided with the interests of big business, which appears to have exercised influence …
Persistent link: https://www.econbiz.de/10013361981
Using detailed data from the Bundesliga, Germany's top soccer league, our analysis of how crowd pressure affects the …
Persistent link: https://www.econbiz.de/10012585378
This paper uses play-by-play accounts of virtually all regular season National Football League games for 1998-2000 to …
Persistent link: https://www.econbiz.de/10012469689
that has rapidly become influential for antitrust policy. We explain that the empirical evidence relating to concentration … provide a basis for dramatic changes in antitrust policy. To the contrary, in many respects the evidence indicates that the … interventions that can enable antitrust enforcement policy to better promote and protect competition. Throughout the paper, we …
Persistent link: https://www.econbiz.de/10014635724
. Our findings inform the debate over whether antitrust enforcement has been lax …
Persistent link: https://www.econbiz.de/10014250141
We study human capital reallocation following firm-specific idiosyncratic shocks. Theory offers diverging predictions as to whether human capital gets reallocated to its most productive use following these shocks. To empirically test these predictions, we focus on relegation battles in the...
Persistent link: https://www.econbiz.de/10012938751
To understand leadership, it is necessary to understand the purpose of an organization. Organizations are hierarchies with leaders at the top. Why do we have leaders instead of an algorithm making decisions? The theory of the firm recognizes benefits to centralizing authority but these...
Persistent link: https://www.econbiz.de/10012585411
overcome these difficulties by studying European football (soccer) clubs during 1990-2020. Detailed microdata from this setting …
Persistent link: https://www.econbiz.de/10012696355
This paper analyzes the effects of top earnings tax rates on the international migration of football players in Europe …. We construct a panel dataset of top earnings tax rates, football player careers, and club performances in the first … number of tax and institutional changes: (a) the 1995 Bosman ruling which liberalized the European football market, (b) top …
Persistent link: https://www.econbiz.de/10012462112