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- W2012489235 abstract "Despite the increased attention on the impacts of globalisation, there has been little empirical investigation into the impact of multinational firms on the domestic labour market and in particular wage inequality, this is in spite of a rapid increase in foreign direct investment (FDI) at around the same time of rising inequality. Using UK panel data, this paper tests whether inward flows of FDI have contributed to increasing wage inequality. Even after controlling for the two most common explanations of wage inequality, technology and trade, we find that FDI has a significant effect upon wage inequality, with the overall impact of FDI explaining on average 11% of wage inequality." @default.
- W2012489235 created "2016-06-24" @default.
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- W2012489235 date "2005-04-01" @default.
- W2012489235 modified "2023-10-18" @default.
- W2012489235 title "Wage inequality and the role of multinationals: evidence from UK panel data" @default.
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- W2012489235 doi "https://doi.org/10.1016/j.labeco.2003.11.003" @default.
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