This paper examines whether multinational companies differ in their employment adjustment from domestic firms, on the … largest fraction of net employment creation, especially among multinational firms (MNFs). We obtain structural estimates of … substitution between workers). To adjust white-collar employment seems to be around half as costly for MNFs as for domestic firms …

in Belgium over the period 1990-2002. Our results show that Belgium is characterised by strong real wage rigidity and …

net flows of employment. The analysis relies on an administrative employer-employee dataset of individual annual earnings … matched with firms' annual accounts for Belgium over the period 1997-2001. Results point to asymmetric behaviour depending on … economic conditions. On average, wage bill contractions result essentially from employment cuts in spite of wage increases …

) developed by Dickens and Goette (2006) and rely on a large administrative matched employer-employee dataset for Belgium over the …

Using firm-level data for Belgium over the period 1997-2005, we evaluate the elasticity of firms' labour and real …