Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/46251 
Year of Publication: 
2010
Series/Report no.: 
CESifo Working Paper No. 3174
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
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
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