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with that in Swedish firms. U.S. multinationals appear to have allocated some of their more labor intensive operations … selling in world markets to affiliates in developing countries, reducing the labor intensity in their home production. Swedish …
Persistent link: https://www.econbiz.de/10005419511
Centralized wage-setting institutions compress relative wages. Motivated by this fact, we investigate the effects of centralized wage setting on the industry distribution of employment. We examine Sweden's industry distribution from 1960 to 1994 and compare it to the U.S. distribution over the...
Persistent link: https://www.econbiz.de/10005645422