Most welfare programs generate high marginal tax rates on labor income.This paper uses a representative sample of individuals on France's mainwelfare program (the Revenu Minimum d'Insertion, or RMI) to estimatemonetary gains to employment for welfare recipients. This is based on thedistribution...

This paper uses a unique linked employer-employee data (LEED) set to examine thedeterminants of mergers and acquisitions and to study post-takeover employment. It findthat firms involved in takeovers are qualitatively different from non-takeover firms andthat post-takeover employment...

This paper considers the role mergers and acquisitions have on employment. First, it considers the importance of different aspects of compensation policy and human resource management practices for distinguishing acquired and acquiring firms. Second, it examines which individuals from which...