The paper investigates the impact of merger and acquisition (M&A) on local labor market. We find a positive spillover effect of bank merger events on local bank wage. The positive effectincreases for in-market or high synergy mergers, and strengthens when a local market is competitive, dominated...

Thousands of establishments employing millions of workers change ownership each year, sometimes leading to large changes in local labor market concentration that potentially increase labor market power. Using matched employer-employee data from the U.S., this paper estimates the direct and...

I use matched employer-employee records merged with corporate tax information from 2003 to 2017 to estimate labor market-wide effects of mergers and acquisitions in Brazil. Labor markets are defined by pairs of commuting zone and industry sector. In the following year of a merger, market size...