Brinatti, Agostina; Cavallo, Alberto; Cravino, Javier; … - National Bureau of Economic Research - 2021
, despite the global nature of the marketplace, the location of the worker accounts for over a third of the variance in wages …. We also document that remote wages in local currency move almost one-for-one with the dollar exchange rate of the worker …'s country, and are highly sensitive to changes in the wages of foreign competitors. Finally, we provide a new measure on which …