Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/19699
Authors: 
Buch, Claudia M.
Lipponer, Alexander
Year of Publication: 
2007
Series/Report no.: 
Discussion paper Series 1 / Volkswirtschaftliches Forschungszentrum der Deutschen Bundesbank 2007,22
Abstract: 
Does more FDI make the world a riskier place for workers? We analyze whether an increase in multinational firms' activities is associated with an increase in firm-level employment volatility. We use a firm-level dataset for Germany which allows us to distinguish between purely domestic firms, domestic multinationals, their foreign affiliates, and foreign firms that are active in Germany. We decompose the volatility of firms into their reaction and their exposure to aggregate developments. Generally, we find no above-average wage and output elasticities for multinational firms.
Subjects: 
Employment volatility
labor demand
multinational firms
JEL: 
J23
F23
Document Type: 
Working Paper

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