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Title:The twin effects of globalization: Evidence from a sample of Indian manufacturing firms PDF Logo
Authors:Daveri, Francesco
Manasse, Paolo
Serra, Danila
Issue Date:2010
Series/Report no.:CESifo working paper: Trade policy 3174
Abstract:Employees of globalized firms face a riskier menu of labor market outcomes. They face a more uncertain stream of earnings and riskier employment prospects. However, they may also have stronger incentives to train and upgrade their skills and/or may benefit from more rapid careers. Hence, the costs of uncertainty and the benefits of skill upgrading associated with globalization may be twin to each other. We provide statistical evidence of this so far neglected trade-off for a sample of Indian manufacturing firms.
Subjects:globalization
uncertainty
training
labor markets
India
JEL:F10
F16
J30
J31
O53
Document Type:Working Paper
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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