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There is much variation in the physical requirements across occupations, giving rise to great differences in later-life productivity, disability risk, and the value of Social Security Disability Insurance (SSDI). In this paper, I look at how such differences across occupations affect initial...
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"We offer and test two competing hypotheses for the consolidation trend in banking using U.S. banking industry data …. The results may shed light as well on some of the research and policy issues related to community banking, and on the …
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Study of the impact of mergers and acquisitions (M&As) on productivity and market power has been complicated by the difficulty of separating these two effects. We use newly-developed techniques to separately estimate productivity and markups across a wide range of industries using detailed...
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