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Comments on the 2023 draft merger guidelines : a labor market perspective
Berger, David; Hasenzagl, Thomas; Herkenhoff, Kyle; … - 2023
The DOJ and FTC clarify the role of labor market power ("monopsony") in the 2023 draft merger guidelines. The draft … that a stricter threshold may be warranted in labor markets. The post-merger Herfindahl-Hirschman Index (HHI) that defines … monopsony power in the U.S. may warrant an even lower threshold. For example, merger simulations indicate that workers would …
Persistent link: https://www.econbiz.de/10014335050
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Competition and innovation : the breakup of IG Farben
Poege, Felix - 2022
The relationship between competition and innovation is difficult to disentangle, as exogenous variation in market structure is rare. The 1952 breakup of Germany's leading chemical company, IG Farben, represents such a disruption. After the Second World War, the Allies occupying Germany imposed...
Persistent link: https://www.econbiz.de/10013358717
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Cross-border mergers and national champions in an integrating economy
Südekum, Jens (contributor) - 2006
We introduce a simple oligopolistic trade model with international transportation costs, and analyze the profitability and the social desirability of national vs. international mergers in relation to three different issues, (i) the level of trade freeness, (ii) the possibility of rent...
Persistent link: https://www.econbiz.de/10003355552
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The lot of the unemployed : a time use perspective
Krueger, Alan B. (contributor); Müller, Andreas (contributor) - 2008
This paper provides new evidence on time use and subjective well-being of employed and unemployed individuals in 14 countries. We devote particular attention to characterizing and modeling job search intensity, measured by the amount of time devoted to searching for a new job. Job search...
Persistent link: https://www.econbiz.de/10003716529
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Immigrants and welfare programmes : exploring the interactions between immigrant characteristics, immigrant welfare dependence and welfare policy
Barrett, Alan (contributor); McCarthy, Yvonne (contributor) - 2008
The primary purpose of this paper is to provide a review of the papers within the economics literature that have examined the questions of immigrant welfare use and the responsiveness of immigrants to the incentives created by welfare systems. While our focus is largely on papers looking at the...
Persistent link: https://www.econbiz.de/10003716533
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Uncertainty and the politics of employment protection
Vindigni, Andrea (contributor) - 2008
This paper investigates the role that idiosyncratic uncertainty plays in shaping social preferences over the degree of labor market flexibility, in a general equilibrium model of dynamic labor demand where the productivity of firms evolves over time as a Geometric Brownian motion. A key result...
Persistent link: https://www.econbiz.de/10003719624
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The rise in obesity across the Atlantic : an economic perspective
Brunello, Giorgio (contributor);  … - 2008
We provide comparable evidence on the patterns and trends in obesity across the Atlantic and analyse whether there are economic rationales for public intervention to control obesity. We take into account equity issues as well as efficiency considerations, which are organized around three...
Persistent link: https://www.econbiz.de/10003729406
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Where do the brainy Italians go?
Constant, Amelie (contributor); D'Agosto, Elena (contributor) - 2008
This paper studies the major determinants that affect the country choice of the talented Italian scientists and researchers who have at least a bachelor's from Italy and live abroad. There are three alternative country choices: the US/Canada, the UK, and other EU countries. On average, the...
Persistent link: https://www.econbiz.de/10003652707
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The distribution of total work in the EU and US
Burda, Michael C. (contributor);  … - 2006
Using two time-diary data sets each for Germany, Italy the Netherlands and the U.S. from 1985-2003, we demonstrate that Americans work more than Europeans: 1) in the market; 2) in total (market and home production)-- there is no one-for-one tradeoff across countries in total work; 3) at unusual...
Persistent link: https://www.econbiz.de/10003359291
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Unequal pay or unequal employment? : A cross-country analysis of gender gaps
Olivetti, Claudia (contributor);  … - 2006
Gender wage and employment gaps are negatively correlated across countries. We argue that non-random selection of women into work explains an important part of such correlation and thus of the observed variation in wage gaps. The idea is that, if women who are employed tend to have relatively...
Persistent link: https://www.econbiz.de/10003332302