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pattern of international mergers. …
Persistent link: https://www.econbiz.de/10005783559
We examine how a merger affects wages of unionized labour and, in turn, the profitability of a merger under both … corresponding model with exogenous wages. …
Persistent link: https://www.econbiz.de/10005781265
locked in a bilateral monopoly, the pattern of downstream mergers is investigated. In such a setting, a downstream merger … are. However, it turns out that most of the market structure equilibria consist of mergers among differentiated producers …. I find that firms’ strategic behaviour impedes mergers between similar producers, avoiding that input prices fall to …
Persistent link: https://www.econbiz.de/10008683550
find that a 10% increase in labor market concentration decreases hires by 12.4% and the wages of new hires by nearly 0 … employers in the retail industry would be most damaging, with about 24 million euros in annual lost wages for new hires, and an …
Persistent link: https://www.econbiz.de/10012213951
We examine how a downstream merger affects input prices and, in turn, the profitability of such a merger under Cournot competition with differentiated products. Input suppliers can be interpreted as ordinary upstream firms, or trade unions organising workers. If the input suppliers are...
Persistent link: https://www.econbiz.de/10010307511
We examine how a downstream merger affects input prices and, in turn, the profitability of a such a merger under Cournot competition with differentiated products. Input suppliers can be interpreted as ordinary upstream firms, or trade unions organising workers. If the input suppliers are...
Persistent link: https://www.econbiz.de/10011409994
We examine how a downstream merger affects input prices and, in turn, the profitability of a such a merger under Cournot competition with differentiated products. Input suppliers can be interpreted as ordinary upstream firms, or trade unions organising workers. If the input suppliers are...
Persistent link: https://www.econbiz.de/10013320499
We examine how a merger affects wages of unionized labour and, in turn, the profitability of a merger under both … corresponding model with exogenous wages. In contrast to the received literature, we find that it can be more profitable to take …
Persistent link: https://www.econbiz.de/10005675262
We examine how a merger affects wages of unionized labour and, in turn, the profitability of a merger under Cournot … corresponding model with exogenous wages. In contrast to the received literature, we find that it can be more profitable to take …
Persistent link: https://www.econbiz.de/10005497750
We analyse how the presence of trade unions affects the pattern of mergers in an international oligopoly and the … welfare implications thereof. We find that an international merger results in lower wages for all firms. A national merger … results in higher wages, highest for the non-merging firms. Using a model of endogenous merger formation, we find that the …
Persistent link: https://www.econbiz.de/10008914355