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Jósef Sigurdsson

Jósef Sigurdsson is an Associate Professor of Economics at Stockholm University. He is also a Research Fellow of the Centre for Economic Policy Research (CEPR), the IZA Institute of Labor Economics, and the CESifo network.
Antitrust and Competition

Swedish Workers Lose Out In M&A Even When CEOs Gain

Jakob Beuschlein
Summary Teaser: In a new working paper, Jakob Beuschlein, Jósef Sigurdsson, and Horng Chern Wong find that workers at acquired firms in Sweden experience wage cuts. Rather than from the increased monopsony power of employers, these wage cuts are due to rent redistribution toward higher CEO pay.

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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.