Prohibiting firms from imposing employment contract provisions that prevent workers from moving to a competitor or starting a competing business would lead to a substantial increase in wages in the affected industries.
A ban on non-compete clauses would lead to a measurable increase in innovation.
A ban on non-compete clauses would lead to a measurable reduction in firms’ investment in staff training.
Although the reported volatility of asset values in private markets (private equity, buyouts, and venture capital) is lower than that of comparable assets in public markets, their true volatility is broadly similar or greater.
Since the global financial crisis, the realized returns on private equities have measurably exceeded the returns on public equities.
