Abstract
We systematically analyse the effects of mergers and acquisitions on the demand for labour in the USA and Europe. We do not find adverse effects of mergers on labour demand in the USA, however we do find negative effects in Europe of the order of - 10% compared to pre-merger levels. We attribute this significant difference to more rigid labour markets in Europe than in the USA.
Original language | English |
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Pages (from-to) | 481 - 502 |
Journal | International Journal of Industrial Organization |
Volume | 22 |
Issue number | 4 |
Publication status | Published - 1 Aug 2004 |