Arbeitspapier
The Impact of Multinationals along the Job Ladder
Multinational affiliates are more productive than domestic firms, so how do they affect a host country through the labor market? We use data for Norway to show that the labor market is characterized by a job ladder, with multinationals on the upper rungs. We calibrate a general equilibrium job ladder model with endogenous multinational entry to the Norwegian data. In a counterfactual where multinationals face an infinite entry cost, payments to labor fall and profits of domestic firms rise, but the impact is heterogeneous. Competition for workers increases low down on the job ladder, while it decreases high up.
- Sprache
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Englisch
- Erschienen in
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Series: CESifo Working Paper ; No. 10701
- Klassifikation
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Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Multinational Firms; International Business
Economic Impacts of Globalization: Labor
Labor Turnover; Vacancies; Layoffs
Unemployment: Models, Duration, Incidence, and Job Search
- Thema
-
multinationals
labor market
job ladder
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Balsvik, Ragnhild
Fitzgerald, Doireann
Haller, Stefanie
- Ereignis
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Veröffentlichung
- (wer)
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Center for Economic Studies and ifo Institute (CESifo)
- (wo)
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Munich
- (wann)
-
2023
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Balsvik, Ragnhild
- Fitzgerald, Doireann
- Haller, Stefanie
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2023