Does Nationality of Ownership Matter for Labor Demands?

Does Nationality of Ownership Matter for Labor Demands?

Do multinational Ž rms exhibit different patterns of labor demand from purely domestic Ž rms? Many standardmodels of trade and multinational companies suggest one such differencemay be labor-demand elasticities. For several reasons, multinationalsmay have more-elastic labor demands than do purely domestic Ž rms. In this paper we discuss the theory issues involved. We then present industry-level...

Does Nationality of Ownership Matter

Do multinational firms exhibit different patterns of labor demand from purely domestic firms? Many standard models of trade and multinational companies suggest such differences. We examine this question using a plant-level panel covering U.K. manufacturing from 1973 through 1992, where we can distinguish U.K.-headquartered multinationals, foreign-owned multinationals, and domestic U.K. firms. A...

Does Nonprofit Ownership Matter?

Nominal and real wage rigidity: Does nationality matter?

We assess the differences in downward nominal and real wage rigidity between natives and immigrants in Portugal, using a matched employer-employee database and the International Wage Flexibility Project (IWFP) methodology. This methodology estimates a notional or counterfactual distribution that would prevail under wage flexibility and compares it to the empirical wage distribution. The estimat...

Revisiting the Oil Curse: Does Ownership Matter?

A large body of scholarship finds a negative relationship between oil abundance and economic growth. The existing empirical evidence on the oil curse, however, does not account for variations in the ownership of oil. This article investigates whether the effect of oil abundance on growth varies with ownership structures. It also investigates whether institutional quality influences the effect o...