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Kyle Herkenhoff

Kyle Herkenhoff, is an associate professor at the University of Minnesota and a Visiting Scholar at the Federal Reserve Bank of Minneapolis. He has interests in macroeconomics, applied macroeconomics, and real estate economics.
Antitrust and Competition

How Stricter Merger Guidelines Benefit Workers

Kyle Herkenhoff
Stricter merger policy guidelines will increase competition, leading to higher wages and welfare for workers, writes Kyle Herkenhoff and Simon Mongey. The authors use economic modeling to show that the stricter 2023 Guidelines will improve worker welfare, and that even tighter thresholds can be applied to labor markets to amplify worker welfare gains from antitrust policy.

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The publication of the Stigler Center at The University of Chicago Booth School of Business

ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.