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The Impact of Firm Acquisitions on Labor

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Author Info
Charles Brown
James L. Medoff

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Abstract

In this paper, we investigate the changes in wages and employment following a firm's involvement in an acquisition, compared with firms not involved in acquisitions. Contrary to the tenor of popular press coverage of acquisitions, which focuses on hostile takeovers of large firms, we find small (and sometimes positive) changes in wages and employment following an acquisition.

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 2273.

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Date of creation: Jun 1987
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Handle: RePEc:nbr:nberwo:2273

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  1. Ashenfelter, Orley C, 1978. "Estimating the Effect of Training Programs on Earnings," The Review of Economics and Statistics, MIT Press, vol. 60(1), pages 47-57, February. [Downloadable!] (restricted)
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This page was last updated on 2009-11-25.

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