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investigated the impact of the presence of foreign firms on wages of workers from domestic firms. First, we found that the average … wages from foreign to domestic firms. Third, the presence of foreign firms is found to widen the wage gap between skilled …
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This paper examines long memory volatility in international stock markets. We show that long memory volatility is … the cross-sectional dimension. We also find that developed countries possess longer memory in volatility than emerging and …
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The job polarization hypothesis suggests a U-shaped pattern of employment growth along the earnings/skill distribution, which is driven by simultaneous growth in the employment of high-skill/high-earnings and low-skill/low-earnings occupations due to Routine-Biased Technological Change (RBTC)...
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