Employer Consolidation and Wages: Evidence from Hospitals

We test whether wage growth slows following employer consolidation by examining hospital mergers. We find evidence of reduced wage growth in cases where both (i) the increase in concentration induced by the merger is large and (ii) workers’ skills are industry-specific. In all other cases, we fail t...

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Bibliographic Details
Published in:The American economic review 2021-02, Vol.111 (2), p.397-427
Main Authors: Prager, Elena, Schmitt, Matt
Format: Article
Language:English
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