Department of Economics
Professor Mehmet Ekmekci's paper Just Enough or All: Selling a Firm, coauthored with Nenad Kos and Rakesh Vohra is published in the American Economic Journal: Microeconomics.
This paper examines the problem of selling a firm to a single buyer and provides an explanation based on asymmetric information to why we sometimes observe cash sales, sometimes equity and sometimes a mixture of equity and cash when selling corporate control.
Murray and Monti Professor of Economics Peter Ireland comments on what Verizon's $4.83 billion deal for Yahoo could mean for both companies and for shareholders.
Economics professor and NBER research associate Claudia Olivetti summarizes her findings on the causes, characteristics, and consequences of gender differences in pay and employment levels in the U.S. and other OECD economies.
Recent Selected Publications
"In the Name of the Son (and the Daughter): Intergenerational Mobility in the United States, 1850-1940," Claudia Olivetti and M. Daniele Paserman, American Economic Review, (08/2015, PDF)
"Sufficient Statistics for Tariff Reform when Revenue Matters," James E. Anderson, and J. Peter Neary. Journal of international Economics, (2016, PDf)
"Information in Tender Offers with a Large Shareholder," Mehmet Ekmekci and Nenad Kos, Econometrica, (01/2016, PDF)
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