The rules governing trade and capital flows have been at the center of controversy as globalization has proceeded. One …, IMF, and World Bank meetings demanding global labor standards. Comparing the claims made in this debate with the outcomes … market. Changes in trade policy have had modest impacts on labour market. Other aspects of globalization -- immigration …

. Multinationals that anchor-to-the headquarters also transmit wage changes arising from shocks to minimum wages and exchange rates in … the home country/state to their foreign establishments. Such multinationals fire more low-skill workers and hire fewer new … headquarter wages, but not after a temporary (exchange rate-induced) one. We show this using data on 1,060 multinationals …

traditional Western R&D hubs, resulting in two challenges for multinationals: (1) how to transfer knowledge across geographic … paper argues that to overcome these challenges, multinationals utilize home country inventors on foreign affiliate inventor …

,' which are about 60 percent of world output. Given all the attention that 'globalization' has received from scholars … over the last two decades, but it was still, in 1990, only about 7 percent of world output. The share was higher, at 15 …

of China into the world economy may hurt countries that are driven to specialize in production due to HMEs, although …

markets. One of the distinguishing features of the R&D globalization phenomenon is its concentration within the software …/IT domain; the increase in foreign R&D has been largely concentrated within software and IT-intensive multinationals, and new R …&D destinations are also more software and IT-intensive multinationals than traditional R&D destinations. In this paper we document …