The growing number of cross-border acquisitions has in many countries raised concerns about labor demand consequences … affect the volatility of employment, or rather, the wage elasticity of labor demand. We analyze whether the wage elasticity … of labor demand differs between multinational and non-multinational firms as well as between foreign-owned and domestic …

recent literature in international economics and define the division of labor in terms of job tasks. Our econometric results … comparison, dividing labor according to educational attainment does not capture the found effects on relative labor demand. …