Are foreign private equity buyouts bad for workers?

The media often cast foreign private equity firms as villains who gamble with local jobs. We use detailed registry data from Sweden to show that foreign buyouts have not affected workers' labor market outcomes. But domestic buyouts have. They have increased unemployment incidence by a fifth, duration by a third, and lowered labor income by seven percent.

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Year of publication:	2018
Authors:	Olsson, Martin ; Tåg, Joacim
Publisher:	Stockholm : Research Institute of Industrial Economics (IFN)
Subject:	Buyouts \| Cross-border \| Employment \| Foreign \| LBOs \| Private Equity \| Workers

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Series:	IFN Working Paper ; 1230
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	1031126171 [GVK] hdl:10419/183459 [Handle] RePEc:hhs:iuiwop:1230 [RePEc]
Classification:	G24 - Investment Banking; Venture Capital; Brokerage ; J20 - Time Allocation; Work Behavior; Employment Determination and Creation. General
Source:	EconStor

Persistent link: https://www.econbiz.de/10011917106