Tag: Power

  • Agency Consolidations Damage Staff, However Doubtless Not Due to Market Energy

    In new analysis, Sabien Dobbelaere, Grace McCormack, Daniel Prinz, and Sándor Sóvágó discover that mergers negatively impression labor market outcomes. Mergers end in job losses, and the earnings of employees who lose their jobs don’t get better for a number of years on common. The authors discover these unfavorable penalties are extra doubtless attributable to…

  • Household Ties as Company Energy

    Pablo Balán explains that household ties present corporations with an edge in collective motion that allows them to be politically lively via marketing campaign donations, to interact in monetary rent-seeking by acquiring sponsored state credit score, and to bypass regulation searching for to curtail the affect of enterprise by substituting particular person contributions for company…