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PRODID:-//Memento EPFL//
BEGIN:VEVENT
SUMMARY:Employee Job Search during Mergers and Acquisitions
DTSTART:20170922T103000
DTEND:20170922T120000
DTSTAMP:20260428T060531Z
UID:da3580ec99024f569ae91111e5beb4504606ffec325064c64e510984
CATEGORIES:Conferences - Seminars
DESCRIPTION:Ashwini AGRAWAL (LSE)\nWe construct a new dataset to analyze e
 mployee job search behavior around merger and acquisition (M&A) announceme
 nts. We document significant heterogeneity in the levels of job search eff
 ort and outside wages sought by job seekers. The empirical facts are poorl
 y explained by frictionless models of job search activity. Instead\, the d
 ata are consistent with models that emphasize labor market frictions such 
 as search costs\, insider information about impending takeovers\, and asym
 metric information about worker productivity. The findings illustrate that
  frictionless models of labor supply and demand are insufficient for fully
  characterizing the labor reallocation process that takes place during cor
 porate control transactions. 
LOCATION:UNIL\, Extranef\, room 126 https://planete.unil.ch/plan/?local=EX
 T-126
STATUS:CONFIRMED
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