Martins, Pedro S.; Yang, Yong - Institut zur Zukunft der Arbeit <Bonn> - 2010
We present evidence about the role of rent sharing in fostering the interdependence of labourmarkets around the world. Our results draw on a firm-level panel of more than 2,000multinationals and more than 5,000 of their affiliates, covering 47 home and host countries.We find considerable...