We analyze the role of bank mergers as determinants of the evolution of branch presence at the county level. Panel regressions based on county-level branch density are used to study differences across urban versus rural counties as well as pre- and post-crisis. The results indicate that bank...

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...

Debate continues on whether consolidation in health care markets enhances efficiency and quality or instead facilitates collusion and market power. We address this issue by comparing the quality of patient care in hospitals before and after mergers and acquisitions which occurred in California...