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Social and Behavioral Sciences Commons™
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Articles 1 - 3 of 3
Full-Text Articles in Social and Behavioral Sciences
How Major Tech Firms Used Illegal “No-Poach” Agreements To Control Workers’ Salaries, Matthew Gibson
How Major Tech Firms Used Illegal “No-Poach” Agreements To Control Workers’ Salaries, Matthew Gibson
Employment Research Newsletter
No abstract provided.
How Major Tech Firms Used Illegal “No-Poach” Agreements To Control Workers’ Salaries, Matthew Gibson
How Major Tech Firms Used Illegal “No-Poach” Agreements To Control Workers’ Salaries, Matthew Gibson
Upjohn Institute Policy and Research Briefs
No abstract provided.
Employer Market Power In Silicon Valley, Matthew Gibson
Employer Market Power In Silicon Valley, Matthew Gibson
Upjohn Institute Working Papers
Adam Smith alleged that employers often secretly combine to reduce labor earnings. This paper examines an important case of such behavior: illegal no-poaching agreements through which information-technology companies agreed not to compete for each other’s workers. Exploiting the plausibly exogenous timing of a U.S. Department of Justice investigation, I estimate the effects of these agreements using a difference-in-difference design. Data from Glassdoor permit the inclusion of rich employer- and job-level controls. On average the no-poaching agreements reduced salaries at colluding firms by 5.6 percent, consistent with considerable employer market power. Stock bonuses and job satisfaction were also negatively affected.