-level uncertainty is characterized by a pecking order: the announcement of a domestic takeover leads to a reduction in the uncertainty …

post-merger efficiency improvements to reveal a new margin of adjustment along the product dimension. We analyze horizontal … between differentiated varieties. After a merger, acquirers drop products from their consolidated domestic product portfolio … and reallocate assets towards core varieties. We further demonstrate that such merger-induced efficiency gains imply …

By combining two large data sets (on international trade flows and on mergers and acquisitions – M&As), we are able to …

We study the effect of a merger between two Dutch supermarket chains to assess its effect on the depth as well as … composition of assortment. We adopt a difference-in-differences strategy that exploits local variation in the merger’s effects …, controlling for selection on observables through a matching procedure when defining our control group. We show that the merger led …

models by estimating the wage-premium of a foreign takeover. The technology spillover theory predicts a larger wage growth in …

Using a detailed and large data set on cross-border merger and acquisitions we discuss the relationship between theory … marketseeking', (iii) M&As come in waves (the most recent wave is still unfolding), (iv) economic integration (international … these stylized facts drive and should drive recent theoretical contributions in the field of international economics that …