No-Poach Agreements
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We study no-poach cartels using a wage-posting model that puts worker poaching at the center of labor market competition. Even when just two out of ten employers in a local labor market collude, wages fall by almost 5% market-wide. The reason is that no-poach agreements suppress competition along
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美国国家经济研究局创建时间：
2026-07-01
