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Firm Consolidation and Labor Market Outcomes / Sabien Dobbelaere [and three others].
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Author/Creator:
- Dobbelaere, Sabien, author.
- Series:
- Policy research working papers.
- Policy research working papers
- Language:
- English
- Subjects (All):
- Health insurance.
- Physical Description:
- 1 online resource (49 pages).
- Place of Publication:
- Washington, DC : World Bank, 2023.
- Summary:
- Using rich administrative data from the Netherlands, this paper studies the consequences of firm consolidation for workers. For workers at acquired firms, takeovers are associated with an 8.5 percent drop in employment at the consolidated firm and a 2.6 percent drop in total labor income. These effects are persistent even four years later. The paper shows that the primary mechanism for this job loss is labor restructuring at consolidating firms. Workers with higher-than-expected pay relative to their human capital and workers with skills that are likely already present at acquirers are less likely to be retained.
- Notes:
- Description based on publisher supplied metadata and other sources.
- Includes bibliographical references and index.
- Publisher Number:
- 10.1596/1813-9450-10477
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