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Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/21368
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Budd, John W. | | en_US |
| dc.contributor.author | | Konings, Jozef | | en_US |
| dc.contributor.author | | Slaughter, Matthew J. | | en_US |
| dc.date.accessioned | | 2009-01-28T16:21:46Z | | - |
| dc.date.available | | 2009-01-28T16:21:46Z | | - |
| dc.date.issued | | 2002 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/21368 | | - |
| dc.description.abstract | | We use a unique firm-level panel data set of multinational parents and their foreign affiliates to analyze whether profits are shared across borders within multinational firms. Using both fixed-effects and generalized method-of-moments estimators, affiliate wage levels are estimated to respond to both affiliate and parent profitability. The elasticity of affiliate wages to parent profits per worker is approximately 0.03, which can explain over 20 percent of the observed variation in affiliate wages. These results reveal a previously ignored aspect of labor-market rent sharing. They also reveal an important micro-level linkage with potential macro-level implications. International rent sharing can transmit economic conditions across national borders, and can thereby provide an implicit cross-country risk-sharing mechanism. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | | | en_US |
| dc.relation.ispartofseries | | IZA Discussion paper series 560 | | en_US |
| dc.subject.jel | | J30 | | en_US |
| dc.subject.jel | | F23 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | wages | | en_US |
| dc.subject.keyword | | profit sharing | | en_US |
| dc.subject.keyword | | multinational firms | | en_US |
| dc.subject.stw | | Erfolgsbeteiligung | | en_US |
| dc.subject.stw | | Lohn | | en_US |
| dc.subject.stw | | Multinationales Unternehmen | | en_US |
| dc.subject.stw | | Auslandsniederlassung | | en_US |
| dc.subject.stw | | Schätzung | | en_US |
| dc.subject.stw | | Welt | | en_US |
| dc.title | | Wages and International Rent Sharing in Multinational Firms | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 355140446 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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