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  • 标题:The Multinational Wage Premium and Wage Dynamics
  • 本地全文:下载
  • 作者:Gianluca Orefice ; Nicholas Sly ; Farid Toubal
  • 期刊名称:Document de Travail / Centre d'Etudes Prospectives et d'Informations Internationales
  • 出版年度:2015
  • 页码:1
  • 出版社:Paris
  • 摘要:Using detailed administrative data linking French firms and workers over the years 2002-2007, we document a distinct U-shaped pattern in worker-level wages surrounding the time their employer is acquired by a foreign firm, with a dip in earnings observed in years just before domestic firms switch to MNE status. The dip in earnings is evident in both wages and in-kind payments given to workers. To guide our empirical approach, we present a simple model with fair wage considerations among workers and endogenous cross-border acquisition activity that predicts this U-shaped pattern, and characterizes the selection of domestic targets for acquisition by an MNE.
  • 关键词:multinational enterprises ; wage premium ; in-kind payments ; fair wages
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