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
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 10701

Klassifikation
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
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2023

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Balsvik, Ragnhild
  • Fitzgerald, Doireann
  • Haller, Stefanie
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2023

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