The authors examine the impact of globalization on the domestic labor market for low-skilled workers. Whereas existing research typically focuses on the effects on labor market outcomes such as wages and employment, the authors of this paper examine whether American workers respond to...

This paper studies the relationship between immigration and offshoring by examining whether an in ux of foreign workers reduces the need for firms to relocate jobs abroad. We exploit a Danish quasi-natural experiment in which immigrants were randomly allocated to municipalities using a refugee...

This paper studies the relationship between immigration and offshoring by examining whether an influx of foreign workers reduces the need for firms to relocate jobs abroad. We exploit a Danish quasi-natural experiment in which immigrants were randomly allocated to municipalities using a refugee...

This paper identifies globalization as a factor behind the rapid increase in executive compensation and inequality over the last few decades. Employing comprehensive data on top executives at major U.S. companies, we show that compensation is higher at more global firms. We find that pay...