Event studies examine stock price movements around corporate events. These events can
be voluntary firm announcements (eg, new product introduction, alliance formation, channel …

Decades of research across several disciplines have produced substantial evidence that
labor unions, on balance, reduce economic disparities. But unions are complicated …

Rising profitability and market valuations of US businesses, sluggish wage growth and a
declining labor share of income, and reduced unemployment and inflation, have defined the …

This paper's findings suggest that an arbitrary Chinese policy that greatly increases total
suspended particulates (TSPs) air pollution is causing the 500 million residents of Northern …

0Today the only thing big about “Big Labor” is its problems. By the early 1970s, or ga nized
labor had already begun its decades-long decline, but still nearly a quarter of all private …

We examine the effect of unionization on firm innovation, using a regression discontinuity
design that relies on “locally” exogenous variation generated by elections that pass or fail by …

Research summary Research documents the performance effects of attending to
shareholders and treating employees well but underplays national differences in the relative …

The authors provide a comprehensive overview of codetermination, that is, worker
representation in firms' governance and management. The available micro evidence points …

Despite extensive public infrastructure spending, surprisingly little is known about its
economic return. In this paper, we estimate the value of school facility investments using …

US income inequality has varied inversely with union density over the past 100 years. But
moving beyond this aggregate relationship has proven difficult, in part because of limited …