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Author:Shugart II, W.F.
Tollison, R.D.
Title:The employment consequences of the Sherman and Clayton Act
Journal:Journal of Institutional and Theoretical Economics
1991 : MAR, VOL. 147:1, p.38-52
Index terms:MERGERS
ANTITRUST
Language:eng
Abstract:This paper analyzes if the historical activities of the Antitrust Division have had an impact on employment (and, as a consequence, economic welfare) in the U.S. economy. Using data of period 1947-1981 the authors find a positive and significant relationship between unanticipated increases in Antitrust Division enforcement activities and the unemployment rate.
SCIMA record nr: 91650
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