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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 …) Explicitly addressing monopsony in the draft guidelines is grounded in economic theory and empirical research. (2) Workers …
Persistent link: https://www.econbiz.de/10014335050
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Employment protection, product market competition and growth
Koeniger, Winfried - 2002
It is commonly argued that labor market institutions such as employment protection worsen an economy's performance and particularly so, if product markets become more competitive. Empirical evidence, however, has difficulties to detect a robust negative correlation between employment protection...
Persistent link: https://www.econbiz.de/10011412718
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Marketmaking middlemen
Gautier, Pieter; Hu, Bo; Watanabe, Makoto - 2016
This paper develops a model in which market structure is determined endogenously by the choice of intermediation mode. We consider two representative business modes of intermediation that are widely used in real-life markets: one is a middleman mode where an intermediary holds inventories which...
Persistent link: https://www.econbiz.de/10011526728
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Undocumented worker employment and firm survival
Brown, J. David (contributor);  … - 2009
Do firms employing undocumented workers have a competitive advantage? Using administrative data from the state of Georgia, this paper investigates the incidence of undocumented worker employment across firms and how it affects firm survival. Firms are found to engage in herding behavior, being...
Persistent link: https://www.econbiz.de/10003794077
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Reciprocity and learning effects in price competition
Nese, Annamaria; O'Higgins, Shane Niall; Sbriglia, Patrizia - 2023
One disputed topic in Organization and Management economics is how leadership and collusive agreements are set and maintained in industries where firms are characterised by similar technological opportunities and structures. This topic is particularly important to analyse online and digital...
Persistent link: https://www.econbiz.de/10014437914
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Correcting for misreporting of government benefits
Mittag, Nikolas - 2016
reducing the poverty rate by almost one percentage point more, a 75 percent increase over the survey estimate. …
Persistent link: https://www.econbiz.de/10011543927
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Tony Atkinson and his legacy
Brandolini, Andrea; Jenkins, Stephen; Micklewright, John - 2017
Tony Atkinson is universally celebrated for his outstanding contributions to the measurement and analysis of inequality, but he never saw the study of inequality as a separate branch of economics. He was an economist in the classical sense, rejecting any sub-field labelling of his interests and...
Persistent link: https://www.econbiz.de/10011703653
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Differences across countries and time in household expenditure patterns : implications for the estimation of equivalence scales
Daley, Angela; Garner, Thesia Isedora; Phipps, Shelley A.; … - 2020
economies of scale are understated (as is the case when using the 'square root of household size'), the relative poverty …
Persistent link: https://www.econbiz.de/10012213964
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The more the poorer? : resource sharing and scale economies in large families
Calvi, Rossella; Penglase, Jacob; Tommasi, Denni; Wolf, … - 2020
from Bangladesh and Mexico, and use the model estimates to compute poverty rates for men, women, and children. Contrary to … existing poverty calculations that ignore either intra-household inequality or economies of scale in consumption, ours take …
Persistent link: https://www.econbiz.de/10012389002
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Distributional effects of competition: a simulation approach
Rodríguez-Castelán, Carlos; Araar, Abdelkrim; … - 2021
points in the poverty headcount as well as a decline of 0.32 points in the Gini coefficient. …
Persistent link: https://www.econbiz.de/10012418634