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Testing for Asymmetry in British, German and US Unemployment Data
Kohns, Stephan - 2001
asymmetries and compare the testing procedures. The results indicate that unemployment increases more quickly than it decreases …
Persistent link: https://www.econbiz.de/10010262548
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Revisiting the Matching Function
Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - 2014
This paper shows analytically and numerically that there are two ways of generating an observationally equivalent comovement between matches, unemployment, and vacancies in dynamic labor market models: either by assuming a standard Cobb-Douglas contact function or by combining a degenerate...
Persistent link: https://www.econbiz.de/10010421141
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Revisiting the Matching Function
Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - Institute for the Study of Labor (IZA) - 2014
This paper shows analytically and numerically that there are two ways of generating an observationally equivalent comovement between matches, unemployment, and vacancies in dynamic labor market models: either by assuming a standard Cobb-Douglas contact function or by combining a degenerate...
Persistent link: https://www.econbiz.de/10011103268
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Testing for Asymmetry in British, German and US Unemployment Data
Kohns, Stephan - Institute for the Study of Labor (IZA) - 2001
asymmetries and compare the testing procedures. The results indicate that unemployment increases more quickly than it decreases …
Persistent link: https://www.econbiz.de/10005703657
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Comments on the 2023 Draft Merger Guidelines: A Labor Market Perspective
Berger, David; Hasenzagl, Thomas; Herkenhoff, Kyle; … - 2023
The DOJ and FTC clarify the role of labor market power ("monopsony") in the 2023 draft merger guidelines. The draft states in Guideline 11 that the structural presumption threshold applies to labor market concentration, while also suggesting that a stricter threshold may be warranted in labor...
Persistent link: https://www.econbiz.de/10014377304
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Cross-border mergers and national champions in an integrating economy
Suedekum, Jens - 2006
and the social desirability of national vs. international mergers in relation to three different issues, (i) the level of … trade freeness, (ii) the possibility of rent appropriation on world markets, and (iii) direct synergy effects of mergers …. Cross-border M&A is privately and socially more attractive than domestic mergers. National competition policy may be too …
Persistent link: https://www.econbiz.de/10010267907
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Redesigning Teams and Incentives in a Merger : An Experiment with Managers and Students
Montmarquette, Claude; Rullière, Jean-Louis; Villeval, … - 2004
After a merger, company officials face the challenge of making compensation schemes uniform and of redesigning teams with managers from companies with different incentives, work habits and recruiting methods. In this paper, we investigate the relationship between executive pay and performance...
Persistent link: https://www.econbiz.de/10010276427
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National Champion versus Foreign Takeover
Suedekum, Jens - Institute for the Study of Labor (IZA) - 2007
We analyze an oligopolistic market where a domestic and a foreign firm are engaged in a takeover battle for a domestic competitor. Any merger or acquisition (M&A) must be approved by a welfare maximizing domestic competition agency which may or may not be prone to "economic patriotism". A...
Persistent link: https://www.econbiz.de/10005763853
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Cross-Border Mergers and National Champions in an Integrating Economy
Suedekum, Jens - Institute for the Study of Labor (IZA) - 2006
and the social desirability of national vs. international mergers in relation to three different issues, (i) the level of … trade freeness, (ii) the possibility of rent appropriation on world markets, and (iii) direct "synergy" effects of mergers …. Cross-border M&A is privately and socially more attractive than domestic mergers. National competition policy may be too …
Persistent link: https://www.econbiz.de/10005822177
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Redesigning Teams and Incentives in a Merger: An Experiment with Managers and Students
Montmarquette, Claude; Rullière, Jean-Louis; Villeval, … - Institute for the Study of Labor (IZA) - 2004
After a merger, company officials face the challenge of making compensation schemes uniform and of redesigning teams with managers from companies with different incentives, work habits and recruiting methods. In this paper, we investigate the relationship between executive pay and performance...
Persistent link: https://www.econbiz.de/10005703548