The existing literature concerning the impact of cross-border merger activity on domestic wages can be split into two …’ effects tend to be more dominant with outward cross-border mergers. We employ comprehensive panel data on wages, unionization … and merger activity for US industry sectors over the 1986-2001 period in order to test the impact of cross-border merger …

events. The levels of jobs and average wages in the firms are assessed after the merger events and analysis reveals that … while the first merger events experienced by firms led to growth in jobs and wages of just over 5 percent, the second merger … place between 1988 and 2001. Many firms in the sector underwent one merger event while several firms have undergone two …