type here...

Taylor Begley

Taylor Begley is an assistant professor of finance at the University of Kentucky's Gatton College of Business and Economics. His research interests include financial intermediation, financial regulation, and housing markets. Prior to joining the Gatton College of Business, he was an assistant professor of finance at London Business School and Washington University in St. Louis.
Antitrust and Competition

Firms Sharing Board Members Can Collude To Reduce Worker Mobility

Taylor Begley
In new research, Taylor Begley, Peter Haslag, and Daniel Weagley find that when firms begin sharing a common director, there is a significant reduction in the number of employees that switch jobs between the two companies. The reduction is largest when the firms compete in the same labor market and for those employees who are most costly for firms to replace. The results show the link between overlapping board members and anticompetitive labor practices is a surprisingly widespread phenomenon.

Latest news

View All

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.