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Salary history bans are increasingly popular in the US. Using a field experiment to investigate how salary history disclosures impact employer demand, this column finds that disclosing a high salary is often a signal of quality and yields higher salary offers. However, higher salaries can also make candidates too expensive to justify a callback. The authors find evidence that
Patrick Legros, Estelle Cantillon The COVID-19 pandemic has led to a substantial drop in air travel. Valuable time slots at major airports in the EU and elsewhere are largely allocated based on a use-it-or-lose-it scheme. However, airlines currently cannot use the slots to a sufficient degree and are at the risk of losing them. This is perceived as a threat by incumbent airlines but as a opportunity by others who have been trying to get access to major airports for a long time. The European Commission recently adopted a proposal on airport slot relief for the summer 2021 scheduling season, wh...