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- W3123662486 abstract "Disentangling the labor market implications of increased foreign capital flows remains important. This paper provides a unifying framework allowing to study the wage implications of multinational enterprise (MNE) activities, pointing to the importance of controlling for both labor market imperfections and productivity spillovers from foreign to local firms. Results show that increased MNE activities increase average wages in the local economy while contributing to a larger wage dispersion between the MNE and local firms. While the results pertaining to average wages depends heavily on the frictions in the labor market, how much the wage dispersion alters also depends on the extent of productivity spillovers from the MNEs to the local firms and the complementarity between domestic and foreign capital. (This abstract was borrowed from another version of this item.)" @default.
- W3123662486 created "2021-02-01" @default.
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- W3123662486 date "2010-01-01" @default.
- W3123662486 modified "2023-09-27" @default.
- W3123662486 title "MNEs and Wages: the Role of Productivity Spillovers and Imperfect Labor Market" @default.
- W3123662486 hasPublicationYear "2010" @default.
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