CReAM Reports

No. 2/26 - March 2026

CReAM report number two

Most losses come from job displacement. Roughly four-fifths of the average relative earnings decline results from job separations. The remaining losses come from slower wage growth among workers who stay.

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No. 1/26 - March 2026

CReAM report one

Evidence from Sweden suggests that mergers often lead to job losses and lasting pay cuts for workers, even when firms benefit.

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