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Using information on a panel of multinational firms operating in the United Kingdom from 1996 to 2005, we find that labour demand in domestic multinationals is less sensitive to labour cost changes than in foreign multinationals. This difference in the wage elasticity of labour demand persists...
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Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may … higher realized wages and not more matches, because the scale effects on matches are offset by the response of reservation … wages …
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Using information on a panel of multinational firms operating in the United Kingdom from 1996 to 2005, we find that labour demand in domestic multinationals is less sensitive to own labour costs changes than in foreign multinationals. This difference in wage elasticity of labour demand persists...
Persistent link: https://www.econbiz.de/10003929474
Using information on a panel of multinational firms operating in the United Kingdom from 1996 to 2005, we find that labour demand in domestic multinationals is less sensitive to labour cost changes than in foreign multinationals. This difference in the wage elasticity of labour demand persists...
Persistent link: https://www.econbiz.de/10013096440
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