José Azar

University of Navarra, IESE Business School

Avenida Pearson 21

Barcelona, 08034

Spain

SCHOLARLY PAPERS

21

DOWNLOADS
Rank 862

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Top 862

in Total Papers Downloads

34,085

SSRN CITATIONS
Rank 3,551

SSRN RANKINGS

Top 3,551

in Total Papers Citations

297

CROSSREF CITATIONS

75

Scholarly Papers (21)

1.

Anticompetitive Effects of Common Ownership

Journal of Finance, 73(4), 2018
Number of pages: 79 Posted: 22 Apr 2014 Last Revised: 13 May 2018
José Azar, Martin C. Schmalz and Isabel Tecu
University of Navarra, IESE Business School, University of Oxford - Finance and Charles River Associates (CRA)
Downloads 14,402 (276)
Citation 46

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Competition, Ownership, Diversification, Pricing, Antitrust, Governance, Product Market

2.

Ultimate Ownership and Bank Competition

Number of pages: 87 Posted: 03 Jan 2016 Last Revised: 08 May 2019
José Azar, Sahil Raina and Martin C. Schmalz
University of Navarra, IESE Business School, Alberta School of Business, University of Alberta and University of Oxford - Finance
Downloads 4,826 (2,039)
Citation 82

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Competition, Ownership, Diversification, Pricing, Antitrust, Governance, Product Market, Bank Competition

3.
Downloads 2,873 ( 4,989)
Citation 18

Labor Market Concentration

Number of pages: 41 Posted: 19 Dec 2017 Last Revised: 07 Feb 2019
University of Navarra, IESE Business School, University of Pennsylvania - School of Social Policy & Practice and University of Utah Department of Economics
Downloads 2,651 (5,604)
Citation 6

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Monopsony, Oligopsony, Labor Markets, Competition Policy

Labor Market Concentration

IZA Discussion Paper No. 11254
Number of pages: 35 Posted: 08 Jan 2018
University of Navarra, IESE Business School, University of Pennsylvania - School of Social Policy & Practice and University of Utah Department of Economics
Downloads 164 (214,551)

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monopsony, oligopsony, labor markets, competition policy

Labor Market Concentration

NBER Working Paper No. w24147
Number of pages: 42 Posted: 28 Dec 2017
University of Navarra, IESE Business School, University of Pennsylvania - School of Social Policy & Practice and University of Utah Department of Economics
Downloads 58 (431,190)
Citation 10

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Minimum Wage Employment Effects and Labor Market Concentration

Number of pages: 39 Posted: 10 Jul 2019
University of Navarra, IESE Business School, UCLA, University of Pennsylvania - School of Social Policy & Practice, Burning Glass Technologies and University of California, Los Angeles (UCLA) - Department of Economics
Downloads 1,534 (13,587)
Citation 2

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minimum wage, monopsony, oligopsony, labor markets

Minimum Wage Employment Effects and Labor Market Concentration

NBER Working Paper No. w26101
Number of pages: 42 Posted: 02 Aug 2019
University of Navarra, IESE Business School, UCLA, University of Pennsylvania - School of Social Policy & Practice, Burning Glass Technologies and University of California, Los Angeles (UCLA) - Department of Economics
Downloads 11 (698,636)
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5.

Portfolio Diversification, Market Power, and the Theory of the Firm

Number of pages: 43 Posted: 20 Jul 2016 Last Revised: 03 Sep 2017
José Azar
University of Navarra, IESE Business School
Downloads 1,135 (22,061)
Citation 13

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Common Ownership, Theory of the Firm, MHHI, Oligopoly, Stakeholder Theory, Firm Boundaries

6.

Estimating Labor Market Power

Number of pages: 37 Posted: 30 Sep 2019
University of Navarra, IESE Business School, Yale University - Department of Economics and University of Pennsylvania - School of Social Policy & Practice
Downloads 1,050 (24,693)
Citation 7

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labor supply, monopsony, nested logit

Concentration in US Labor Markets: Evidence from Online Vacancy Data

Number of pages: 37 Posted: 09 Mar 2018 Last Revised: 07 Feb 2019
University of Navarra, IESE Business School, University of Pennsylvania - School of Social Policy & Practice, University of Utah Department of Economics and Burning Glass Technologies
Downloads 975 (27,045)
Citation 12

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Monopsony, Oligopsony, Labor Markets, Competition Policy

Concentration in US Labor Markets: Evidence from Online Vacancy Data

IZA Discussion Paper No. 11379
Number of pages: 30 Posted: 02 Apr 2018
University of Navarra, IESE Business School, University of Pennsylvania - School of Social Policy & Practice, University of Utah Department of Economics and Burning Glass Technologies
Downloads 39 (511,896)

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monopsony, oligopsony, labor markets, competition policy

Concentration in Us Labor Markets: Evidence from Online Vacancy Data

NBER Working Paper No. w24395
Number of pages: 38 Posted: 12 Mar 2018 Last Revised: 27 Feb 2021
University of Navarra, IESE Business School, University of Pennsylvania - School of Social Policy & Practice, University of Utah Department of Economics and Burning Glass Technologies
Downloads 30 (560,544)

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8.

Can Changes in the Cost of Carry Explain the Dynamics of Corporate 'Cash' Holdings?

Review of Financial Studies, April 2016, Ross School of Business Working Paper No. 1216
Number of pages: 55 Posted: 14 Dec 2013 Last Revised: 30 Sep 2017
University of Navarra, IESE Business School, Cornerstone Research and University of Oxford - Finance
Downloads 1,017 (25,801)
Citation 25

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corporate cash, cash hoarding, money demand

9.

The Big Three and Corporate Carbon Emissions Around the World

Journal of Financial Economics (JFE), Forthcoming, Proceedings of Paris December 2020 Finance Meeting EUROFIDAI - ESSEC, European Corporate Governance Institute – Finance Working Paper 715/2020
Number of pages: 78 Posted: 03 Apr 2020 Last Revised: 06 Dec 2020
University of Navarra, IESE Business School, IESE Business School, University of Navarra, IESE Business School and University of Navarra, IESE Business School
Downloads 886 (31,481)
Citation 2

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Climate change, ESG, Carbon emissions, Big Three, Shareholder Activism, Institutional Ownership

10.

Reply to: 'Common Ownership Does Not Have Anti-Competitive Effects in the Airline Industry'

Number of pages: 12 Posted: 10 May 2018
José Azar, Martin C. Schmalz and Isabel Tecu
University of Navarra, IESE Business School, University of Oxford - Finance and Charles River Associates (CRA)
Downloads 801 (36,096)
Citation 6

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Competition, Ownership, Diversification, Pricing, Antitrust, Governance, Product Market

11.

Beyond the Target: M&A Decisions and Rival Ownership

Number of pages: 52 Posted: 18 Aug 2018 Last Revised: 13 Oct 2020
University of Navarra, IESE Business School, University of Navarra, IESE Business School, IESE Business School, University of Navarra and University of Navarra, IESE Business School
Downloads 794 (36,515)
Citation 1

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Common Ownership, Mergers and Acquisitions, Synergies, Institutional Investors

12.

The Competitive Effects of Common Ownership: Economic Foundations and Empirical Evidence: Reply

Number of pages: 8 Posted: 30 Sep 2017 Last Revised: 27 Sep 2018
José Azar, Martin C. Schmalz and Isabel Tecu
University of Navarra, IESE Business School, University of Oxford - Finance and Charles River Associates (CRA)
Downloads 780 (37,450)
Citation 15

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Competition, Ownership, Diversification, Pricing, Antitrust, Governance, Product Market

Oligopoly, Macroeconomic Performance, and Competition Policy

Number of pages: 56 Posted: 23 May 2018 Last Revised: 20 Dec 2018
José Azar and Xavier Vives
University of Navarra, IESE Business School and University of Navarra - IESE Business School
Downloads 609 (51,556)
Citation 11

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ownership, portfolio diversification, labor share, market power, oligopsony, antitrust policy

Oligopoly, Macroeconomic Performance, and Competition Policy

CESifo Working Paper Series No. 7189
Number of pages: 64 Posted: 06 Nov 2018
José Azar and Xavier Vives
University of Navarra, IESE Business School and University of Navarra - IESE Business School
Downloads 55 (442,435)

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ownership, portfolio diversification, labor share, market power, oligopsony, antitrust policy

14.

The Common Ownership Trilemma

Number of pages: 30 Posted: 19 Sep 2019
José Azar
University of Navarra, IESE Business School
Downloads 572 (56,500)
Citation 2

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Portfolio Diversification, Shareholder Value Maximization, Competition, Trilemma, Common Ownership

15.
Downloads 486 ( 69,099)
Citation 2

The Demand for AI Skills in the Labor Market

Number of pages: 55 Posted: 25 Oct 2019 Last Revised: 16 Dec 2020
University of Navarra, IESE Business School, University of Navarra, IESE Business School, IESE Business School, University of Navarra, University of Navarra, IESE Business School and Burning Glass Technologies
Downloads 486 (68,603)
Citation 3

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artificial intelligence, machine learning, wage premium, technology diffusion

16.

Why Common Ownership Creates Antitrust Risks

CPI Antitrust Chronicle June 2017
Number of pages: 8 Posted: 20 Jun 2017
José Azar, Martin C. Schmalz and Isabel Tecu
University of Navarra, IESE Business School, University of Oxford - Finance and Charles River Associates (CRA)
Downloads 469 (72,439)

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Competition, Ownership, Pricing, Antitrust, Governance, Product Market

17.

Internet Appendix for: 'Anticompetitive Effects of Common Ownership'

Journal of Finance, Vol. 73, No. 4, 2018
Number of pages: 25 Posted: 23 May 2018
José Azar, Martin C. Schmalz and Isabel Tecu
University of Navarra, IESE Business School, University of Oxford - Finance and Charles River Associates (CRA)
Downloads 323 (111,819)
Citation 1

Abstract:

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Competition, Ownership, Diversification, Pricing, Antitrust, Governance, Product Market

18.

General Equilibrium Oligopoly and Ownership Structure

Number of pages: 56 Posted: 31 Dec 2019 Last Revised: 15 May 2020
José Azar and Xavier Vives
University of Navarra, IESE Business School and University of Navarra - IESE Business School
Downloads 197 (182,568)
Citation 2

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common ownership, portfolio diversification, macroeconomy, corporate governance, labor share, market power, oligopsony, antitrust policy

19.

Research on the Competitive Consequences of Common Ownership: A Methodological Critique

Number of pages: 12 Posted: 11 Jan 2021
José Azar, Martin C. Schmalz and Isabel Tecu
University of Navarra, IESE Business School, University of Oxford - Finance and Charles River Associates (CRA)
Downloads 150 (230,867)

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Competition, Ownership, Diversification, Pricing, Antitrust, Governance, Product Market

20.

Common Ownership and Merger Control Enforcement

Ioannis Kokkoris (ed.) Research Handbook in Competition Enforcement (Edward Elgar Publishing, forthcoming)
Number of pages: 45 Posted: 09 Apr 2021
José Azar and Anna Tzanaki
University of Navarra, IESE Business School and Lund University - Faculty of Law
Downloads 50 (458,048)

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common ownership, horizontal shareholding, merger control, antitrust, competition, institutional investors

21.

Revisiting the Anticompetitive Effects of Common Ownership

Number of pages: 46 Posted: 22 Mar 2021
José Azar and Xavier Vives
University of Navarra, IESE Business School and University of Navarra - IESE Business School
Downloads 21 (601,891)

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Common Ownership, Antitrust, Competition Policy, General Equilibrium