Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply …, labor demand, and human capital. Topics discussed also include wage and employment determination, turnover, search …

, which decreased employment elasticity in times of positive demand shocks. Interestingly, large state companies appear to cut … employment in response to output growth, when one controls for investment. A result, which may be consistent with the insiders …

volatile shocks (especially those related to aggregate demand) were important contributors to the Great Inflation. (JEL E10, E …

This dissertation examines the wealth effects of bank mergers on bidder, target, and combined firm shareholders for a … sample of 785 mergers during the period 1980-2000. The dissertation employs two unique bank event study methodologies to …, announcements of bank mergers generate positive wealth effects for the combined shareholders. However, the evidence presented in …

that are each comprised oftwo complementary components. It confirms that all prices fall as aresult of a vertical merger …, competition between themreduces prices (in comparison to full monopoly) thereby eliminating theusefulness of a vertical merger in … substitution, both parallel vertical integrationand independent ownership are equilibria. When the demand system issymmetric, total …

organizational theory, are likely to emerge from a Live Nation-Ticketmaster merger and would be unlikely but for the companies … prices for live performances. But we have been asked as antitrust scholars to examine the proposed merger of Live Nation and … Ticketmaster, and we do so with the objectivity and honesty called for by The Boss’s quotes above. The proposed merger has been the …

Theoretical Framework of Information Technology in Alliances and Mergers, describes the central themes of this dissertation … corporate alliances and mergers. This is followed by a theoretical essay, entitled Propositions on the Value of Flexible IT …, entitled The Effects of Information Technology Investment and Integration Costs on Merger Value in the U.S. Commercial Banking …

In the first chapter of this dissertation, entitled “Signaling and Value Creation in Mergers,” I analyze the acquirers … in both withdrawn and completed merger deals to disentangle the effects of signaling from those of target valuation and … the six months following initial announcement. However, if an announced stock merger later falls through, the acquirer …

2004. My results provide support for disturbance theory of mergers, size hypothesis, and inefficient management hypothesis … electricity industry has spawned a new wave of mergers, both raising questions and providing opportunities to examine these … mergers. Third chapter of my dissertation investigates the drivers of electric utility mergers consummated between 1992 and …

We analyze the takeover premiums paid for a sample of European bank mergers between 1997 and 2007. We find that …