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We study the restructuring of the labor force after mergers and acquisitions. Overall restructuring is large. Net employment of targets declines by more than half within two years after acquisitions relative to a matched sample, and is concentrated in targets that close all establishments. There...
Persistent link: https://www.econbiz.de/10012519948
Most contracts that individuals enter into are not written from scratch; rather, they depend upon forms and terms that have been successful in the past. In this paper, we study the structure of form construction contracts published by the American Institute of Architects (AIA). We show that...
Persistent link: https://www.econbiz.de/10003323165
Public support of research typically relies on the notion that universities are engines of economic development, and that university research is a primary driver of high wage localized economic activity. Yet the evidence supporting that notion is based on aggregate descriptive data, rather than...
Persistent link: https://www.econbiz.de/10011517698
; labor market behavior ; transition ; state dependence …
Persistent link: https://www.econbiz.de/10003359294
in U.S. refugee admissions starting in 2017 costs the overall U.S. economy today over $9.1 billion per year ($30,962 per …
Persistent link: https://www.econbiz.de/10013209780
examining the CEO compensation of U.S. public companies that were ever in financial distress between 1992 and 2005. Using a bias … compensation. The bulk of the reduction in total compensation derives from the decline in value of stock option grants, which we … below or at the lowest stock price of the grant month, and we find that the proportion of lucky grants for financially …
Persistent link: https://www.econbiz.de/10003779098
We test the hypothesis that local government officials in jurisdictions that have higher local sales taxes are more likely to use fiscal zoning to attract retailing. We find that total retail employment is not significantly affected by local sales tax rates, but employment in big box and anchor...
Persistent link: https://www.econbiz.de/10009533477
We analyze linked databases on all Small Business Administration (SBA) loans, on all SBA lenders, and on all U.S …
Persistent link: https://www.econbiz.de/10011309136
.4 million BRFSS respondents from the US and the universe of 160 million hospital admissions from Germany over one decade, we do …
Persistent link: https://www.econbiz.de/10010529402
supply elasticities for Western Europe and the US. We also investigate the relative contribution of different methodological … explain larger elasticities in older studies (i.e. an increase in female labor market attachment over time and a switch from …, both in the US and in Europe. …
Persistent link: https://www.econbiz.de/10010204509