Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/159324 
Year of Publication: 
2003
Series/Report no.: 
Quaderni - Working Paper DSE No. 483
Publisher: 
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE), Bologna
Abstract: 
Employees of .globalized. firms face a riskier, but potentially more rewarding, menu of labor market outcomes. We document this neglected trade-off of globalization for a sample of Indian manufacturing firms. On the one hand, the employees of firms subject to foreign competition face a more uncertain stream of earnings and riskier employment prospects. On the other, they enjoy a more rapid career and/or have more opportunities to train and upgrade their skills. The negative uncertainty costs and the positive incentive effects of globalization are thus twin to each other. Concentrating on just one side of the coin gives a misleading picture of globalization.
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Working Paper

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