| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3354 |
| DP3354 Returns to Education: Evidence from UK Twins | |
| Jonathan Haskel; Dorothe Bonjour; Lynn Cherkas; Tim Spector | |
| 发表日期 | 2002-04-20 |
| 出版年 | 2002 |
| 语种 | 英语 |
| 摘要 | We use a unique firm-level panel data set of multinational parents and their foreign affiliates to analyse whether profits are shared across borders within multinational firms. Using both fixed-effects and generalized method-of-moments estimators, affiliate wage levels are estimated to respond to both affiliate and parent profitability. The elasticity of affiliate wages to parent profits per worker is approximately 0.03, which can explain over 20% of observed variation in affiliate wages. These results reveal a previously ignored aspect of labour-market rent sharing. They also reveal an important micro-level linkage that can transmit economic conditions across national borders and that can provide an implicit cross-country risk-sharing mechanism. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Profit sharing Multinational firms |
| URL | https://cepr.org/publications/dp3354 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532376 |
| 推荐引用方式 GB/T 7714 | Jonathan Haskel,Dorothe Bonjour,Lynn Cherkas,et al. DP3354 Returns to Education: Evidence from UK Twins. 2002. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
