Labor
How Women in the Workplace Has Changed Over the Last 50 Years
Decades of progress have seen greater opportunities for women in the workplace, but sizable gender gaps still remain. Stefania Albanesi, Claudia Olivetti and Barbara...
To Understand Earnings Inequality, We Need To Study Hours Inequality
A growing literature on income inequality and labor earnings has overlooked the contribution of disparities in hours worked. In new research with Lara Vivian,...
How the Consumer Welfare Standard Propagates Gender and Racial Inequalities
Using the 2019 BB&T-SunTrust merger as a case study, Laura Beltrán argues that contemporary antitrust policy, based on the Consumer Welfare Standard, fails to...
The NCAA Goes After College Athletes’ NIL Money—Here are the Antitrust Implications for Workers and Consumers
Having lost in the Supreme Court on student-athlete academic benefits, the NCAA has signaled a continuing attempt to suppress competition in the rapidly growing...
How Antitrust Can Better Regulate Thin Labor Markets
Thin markets, characterized by a small number of participants and low transaction volumes, create particular problems for antitrust enforcers. Hiba Hafiz explores the incoherent,...
How Practical Are Biden’s Proposals to Promote Labor Market Competition?
A new report from the Biden administration lays out ways to increase competition in US labor markets. Will they work?
A Biden administration report, published...
Global vs. Local: What Drives Changes in Labor’s Share of Income
A new working paper examines the relationship between competition policy and the decline in the labor share across the developed world and finds that...
How the Rise of Labor Market Power Helps Explain the Fall of US Manufacturing Employment
A new working paper explores the increase in labor market power in the US and what’s driving it. It shows manufacturing workers were paid...
How Manufacturing’s Lobby Won and Lost its Political Influence
What happens when supporting capitalism hurts capitalists? Do business lobbies ever control the economy to the extent we think they do? The tumultuous history...
The Ties that Bind Workers to Firms: No-Poach Agreements, Noncompetes, and Other Ways Firms Create and Exercise Labor Market Power
Collusive no-poach agreements are per se illegal, but noncompete clauses are not. Recent research casts doubt on the rationale for this legal distinction and...
