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Mathieu Bunel, Richard Duhautois and Lucie Gonzalez
''Are Mergers and Acquisitions Accompanied by Increasing Recourse to THS employment? A French perspective''
( 2010, Vol. 30 No.1 )
This paper focuses on variations in employment of temporary help services (THS) employment when firms face mergers & acquisitions (M&As). We use an original French dataset in which the stock of temporary workers is isolated from that of other workers. With descriptive statistics, we observe that the number of temporary workers increases in acquiring firms. We use matching difference-in-differences estimators to check whether the use of THS employment increases after M&As. The results show that M&As are accompanied by increasing recourse to THS employment. The effects are quite strong for 1999 and 2000. The effect is weaker for 2001 because from this year the use of THS employment decreased for the first time since the beginning of the 1980's in France.
Keywords: Mergers and acquisitions, temporary workers, employer-employees data, matching estimators
JEL: J4 - Particular Labor Markets: General
L2 - Firm Objectives, Organization, and Behavior: General
Manuscript Received : Dec 21 2009 Manuscript Accepted : Feb 23 2010

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