.9%, as hypothesized by monopsony theory. Based on a simple merger simulation, we find that a merger between the top two …

We examine the dynamics of post-merger organizational integration. Our basic question is whether there is evidence of … pre-merger operations decreases turnover. This finding is inconsistent with the view that workers of the two firms … substitute for each other, creating efficiencies from merger. However, that result and our other findings are consistent with the …

trade freeness, (ii) the possibility of rent appropriation on world markets, and (iii) direct quot;synergyquot; effects of … world consumer surplus. We also discuss the normative implications of quot;national championsquot;. The promotion of …

attendance: the grandfathering instrument compares students at schools designated for takeover with students who appear similar … exclusion restriction in such comparisons. Estimates for a large sample of takeover schools in the New Orleans Recovery School … District show substantial gains from takeover enrollment. In Boston, where we can compare grandfathering and lottery estimates …