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DTSTAMP:20251218T123100
DTSTART;TZID=America/Detroit:20251203T140000
DTEND;TZID=America/Detroit:20251203T150000
SUMMARY:Careers / Jobs:Internship Lab
DESCRIPTION:*RSVP required to attend. Click \"Join Event\" here:https://umich.joinhandshake.com/edu/events/1862681Are you ready to start searching for a great internship? Do you have a few ideas\, but you’re not sure where to get started? Let's talk about search strategy!! Get real-time\, personalized support by checking out the in person Internship Lab. You’ll be guided by one of our Career Coaches who hasdesigned this experience to provide you strategies\, tools\, and motivation to get on the right track with searching for internships. Chat with folks from the University Career Center to explore Handshake\,the University Career Alumni Network (UCAN) and to learn about other tools you can use to build a great job/internship search strategy. **If you're not sure what you're interested in\, consider making an \"Exploring Major/Career Option\" appointment to get started clarifying your interests with a career coach in a 1-on-1 setting. Recent Grads: If you are an alumni\, you will not be able to access the link due the University’s policy of discontinuing alumni Zoom accounts 30 days after graduation. Please contact careercenter@umich.edu with the subject line“Recent Grad Help” to receive either a recording of the session or tobe set up with a 1:1. Include the name of the workshop/event in your email.#UCC
UID:141884-21889593@events.umich.edu
URL:https://events.umich.edu/event/141884
CLASS:PUBLIC
STATUS:CONFIRMED
CATEGORIES:
LOCATION:University Career Center, 3200 Student Activities Building, Program Room (3003), 515 E Jefferson St, Ann Arbor, MI, United States
CONTACT:
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DTSTAMP:20251203T072106
DTSTART;TZID=America/Detroit:20251203T143000
DTEND;TZID=America/Detroit:20251203T155000
SUMMARY:Workshop / Seminar:Labor and Product Market Power\, Endogenous Quality\, and the Consolidation of the US Hospital Industry
DESCRIPTION:Existing structural analyses of the harmful effects of market consolidation focus on either product or labor markets in isolation\, ignoring that product market competitors often compete for workers as well. This paper develops a unified framework for merger evaluation\, finding that firms’ simultaneous exercise of oligopoly power in the product market and oligopsony power in the labor market amplifies the harm from mergers to both consumers and workers. The model also demonstrates how merger-induced gains in labor market power incentivize firms to reduce product quality\, highlighting an additional channel for consumer harm. The model’s predictions are tested and quantified in the context of the recent consolidation of the US hospital industry. Linking panel data from several sources on all US hospitals from 1996- 2022\, a difference-in-differences design is estimated for nearly 150 high-concentration within market mergers. Hospital mergers significantly reduce patient volume\, increase prices\, reduce employment\, lower wages\, and deteriorate quality of care\, resulting in higher patient mortality. After recovering the structural parameters\, the estimated model replicates observed merger impacts. Counterfactual exercises reveal that ignoring increased labor (product) concentration would lead one to under-predict the harm of mergers to consumers (workers).
UID:138152-21882408@events.umich.edu
URL:https://events.umich.edu/event/138152
CLASS:PUBLIC
STATUS:CONFIRMED
CATEGORIES:Economics,Labor,seminar
LOCATION:Lorch Hall - 201
CONTACT:
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