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Kate Reinmuth

Kate Reinmuth is a PhD candidate in economics and a JD graduate at Stanford University. Her research studies how policy design and market frictions shape innovation, consumer welfare, and labor market outcomes.
Antitrust and Competition

How Stronger Non-Compete Agreements Slow Innovation

Kate Reinmuth
In new research exploiting state-level changes in non-compete enforceability, Kate Reinmuth and Emma Rockall find that stronger non-competes have historically reduced innovation in the United States. These declines are driven by sharp drops in inventor mobility and knowledge spillovers, especially in young, high-growth sectors.

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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.