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Merger Effects and Antitrust Enforcement : Evidence from US Retail
Bhattacharya, Vivek; Illanes, Gastón; Stillerman, David - National Bureau of Economic Research - 2023
We document the effects of a comprehensive set of US retail mergers. On average, prices increase by 1.5% and quantities … decrease by 2.3%, with significant heterogeneity in outcomes across mergers. Price changes correlate with the screens codified … in the Horizontal Merger Guidelines. Through a model of enforcement, we find that agencies challenge mergers they expect …
Persistent link: https://www.econbiz.de/10014250141
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Estimating Discrete Games with Many Firms and Many Decisions : An Application to Merger and Product Variety
Fan, Ying; Yang, Chenyu - National Bureau of Economic Research - 2022
This paper presents a new method for estimating discrete games based on bounds of conditional choice probabilities. The method does not require solving the game and is scalable to models with many firms and many discrete decisions. We apply the method to study merger effects on firm entry and...
Persistent link: https://www.econbiz.de/10013334365
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Bargaining and Dynamic Competition
Deng, Shanglyu; Jia, Dun; Leccese, Mario; Sweeting, Andrew - National Bureau of Economic Research - 2024
Industries with significant scale economies or learning-by-doing may come to be dominated by a single firm. Economists have studied how likely this is to happen, and whether it is efficient, using models where buyers are price or quantity takers, even though these industries are often also...
Persistent link: https://www.econbiz.de/10014528398
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Leaders in Social Movements : Evidence From Unions in Myanmar
Boudreau, Laura; Macchiavello, Rocco; Minni, Virginia; … - National Bureau of Economic Research - 2024
are positively selected on both personality traits that enable them to influence others and ability but earn lower wages …
Persistent link: https://www.econbiz.de/10014576648
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Right-to-Work Laws, Unionization, and Wage Setting
Fortin, Nicole Marie; Lemieux, Thomas; Lloyd, Neil - National Bureau of Economic Research - 2022
This paper uses two complementary approaches to estimate the effect of right-to-work (RTW) laws on wages and … indicate that RTW laws lower wages and unionization rates. Under the assumption that RTW laws only affect wages by lowering the … unionization rate, RTW can be used as an instrumental variable (IV) to estimate the causal effect of unions on wages. In our …
Persistent link: https://www.econbiz.de/10013334317
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Labor Market Tightness and Union Activity
Pezold, Chantal; Jäger, Simon; Nüß, Patrick - National Bureau of Economic Research - 2023
We study how labor market conditions affect unionization decisions. Tight labor markets might spur unionization, e.g., by reducing the threat of unemployment after management opposition or employer retaliation in response to a unionization attempt. Tightness might also weaken unionization by...
Persistent link: https://www.econbiz.de/10014447309
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An Analysis of Public and Private Sector Wages Allowing for Endogenous Choices of Both Government and Union Status
Gyourko, Joseph - 1986
"comparability" process determining their wages …
Persistent link: https://www.econbiz.de/10012477154
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A Reconsideration of the Effects of Unionism on Relative Wages and Employment in the United States, 1920-80
Pencavel, John H. - 1984
reexamine the effects of trade unions both on relative wages and on relative man hours worked.Our estimates of the relative wage …
Persistent link: https://www.econbiz.de/10012477781
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The Trade-Off between Wages and Employment in Trade Union Objectives
Pencavel, John H. - 1982
opportunities for substituting wages for employment in response to a change in the slope of the employer's labor demand function …. Larger union locals place greater emphasis on wages versus employment than smaller union locals …
Persistent link: https://www.econbiz.de/10012478241
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Union Wage Practices and Wage Dispersion within Establishments
Freeman, Richard B. - 1981
. The major finding is that unionism substantively reduces within-establishment dispersion of wages, in part through … individual determination. Dispersion of wages between organized plants is reduced compared to dispersion of wages between … dispersion of wages within firms and in the economy as a whole …
Persistent link: https://www.econbiz.de/10012478363