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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

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

The effect of franchise no-poaching restrictions on worker earnings

Callaci, Brian; Gibson, Matthew; Pinto, Sérgio; … - 2023

We evaluate the impact of the Washington State Attorney General's enforcement campaign against employee no-poaching clauses in franchising contracts, which unfolded from 2018 through early 2020. Implementing a staggered difference-in-differences research design using Burning Glass Technologies...

Persistent link: https://www.econbiz.de/10014317885

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

Does child abuse cause crime?

Currie, Janet M. (contributor); Tekin, Erdal (contributor) - 2006

Child maltreatment, which includes both child abuse and child neglect, is a major social problem. This paper focuses on measuring the effects of child maltreatment on crime using data from the National Longitudinal Study of Adolescent Health (Add Health). We focus on crime because it is one of...

Persistent link: https://www.econbiz.de/10003304677

Terror and the costs of crime

Gould, Eric D.; Stecklov, Guy - 2009

This paper argues that terrorism, beyond its immediate impact on innocent victims, also raises the costs of crime, and therefore, imposes a negative externality on potential criminals. Terrorism raises the costs of crime through two channels: (i) by increasing the presence and activity of the...

Persistent link: https://www.econbiz.de/10003881495

Ugly criminals

Mocan, Naci (contributor); Tekin, Erdal (contributor) - 2006

Using data from three waves of Add Health we find that being very attractive reduces a young adult's (ages 18-26) propensity for criminal activity and being unattractive increases it for a number of crimes, ranging from burglary to selling drugs. A variety of tests demonstrate that this result...

Persistent link: https://www.econbiz.de/10003301665

Medical marijuana laws and teen marijuana use

Anderson, D. Mark; Hansen, Benjamin; Rees, Daniel I. - 2012

While at least a dozen state legislatures are considering bills to allow the consumption of marijuana for medicinal purposes, the federal government has recently intensified its efforts to close medical marijuana dispensaries. Federal officials contend that the legalization of medical marijuana...

Persistent link: https://www.econbiz.de/10009545252

On the heterogeneity of terror

Kis-Katos, Krisztina; Liebert, Helge; Schulze, Günther G. - 2012

The existing literature on the determinants of terrorism treats terror as a uniform phenomenon and does not distinguish between different types of terror. This paper explicitly addresses the heterogeneity of terror by classifying groups according to their ideologies. We show that the pattern of...

Persistent link: https://www.econbiz.de/10009548192

Theft and deterrence

Harbaugh, William; Mocan, Naci; Visser, Michael S. - 2011

We report results from economic experiments of decisions that are best described as petty larceny, with high school and college students who can anonymously steal real money from each other. Our design allows exogenous variation in the rewards of crime, and the penalty and probability of...

Persistent link: https://www.econbiz.de/10009310183

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