Workers move to larger firms after M&As, yet suffer wage losses due to lower match-specific premia. Just Accepted new paper by David Arnold, Kevin Milligan, Terry S. Moon, and Amirhossein Tavakoli zurl.co/ht6D6
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Job Transitions and Employee Earnings after Acquisitions: Linking Corporate and Worker Outcomes
Abstract. This paper connects changes in employer characteristics through job transitions to employee earnings following mergers and acquisitions. Using