Jäger, Simon; Schoefer, Benjamin; Zweimüller, Josef - 2019
We present a sharp test for the efficiency of job separations. First, we document a dramatic increase in the separation … separation behavior as the control group. Juxta-posed, these facts reject the "Coasean" prediction of efficient separations …-surplus) jobs more resilient after its abolition. Third, we show that a formal model of predicted efficient separations implies a …