Human Capital Management White Papers
The Inter-Industry Wage Structure of U.S. Multinationals
Overview Little is known about wage determination by multinationals, despite the much - discussed role of globalisation upon wage dispersion. This paper examines industry- and host-country-specific 1998 data on compensation of foreign affiliates of U.S. firms and compares that with U.S. labour-market data. Substantial differences are found in employment distributions, that the inter-industry wage structure of US affiliates is less dispersed than the same structure in the U.S. and that the two industry wage premia are moderately correlated. The paper argues that these findings are consistent with the vertical model of FDI but less so with claims that multinationals increase wage inequality.
| Publisher | University of London | File Format | PDF, requires Acrobat Rdr 5 |
|---|---|---|---|
| Date Published | October 2004 | ||
| Format | White Papers | ||
| Topics | |||
-
Did you find this white paper useful?
White Paper RSS
Download
Register
