The Twin Effects of Globalization

Daveri, Francesco ; Manasse, Paolo ; Serra, Danila (2003) The Twin Effects of Globalization. Bologna: Dipartimento di Scienze economiche DSE, p. 31. DOI 10.6092/unibo/amsacta/4811. In: Quaderni - Working Paper DSE (483). ISSN 2282-6483.
Full text available as:
[thumbnail of 483.pdf]
Preview
Text(pdf)
License: Creative Commons Attribution

Download (245kB) | Preview

Abstract

Employees of .globalized. firms face a riskier, but potentially more rewarding, menu of labor market outcomes. We document this neglected trade-off of globalization for a sample of Indian manufacturing firms. On the one hand, the employees of firms subject to foreign competition face a more uncertain stream of earnings and riskier employment prospects. On the other, they enjoy a more rapid career and/or have more opportunities to train and upgrade their skills. The negative uncertainty costs and the positive incentive effects of globalization are thus twin to each other. Concentrating on just one side of the coin gives a misleading picture of globalization.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Daveri, Francesco
Manasse, Paolo
Serra, Danila
Keywords
Globalization; Uncertainty; Trade and Wages; Wages; Em- ployment; India; Training, Promotions, Labor markets.
Subjects
ISSN
2282-6483
DOI
Deposit date
09 Mar 2016 14:42
Last modified
09 Mar 2016 14:42
URI

Other metadata

Downloads

Downloads

Staff only: View the document

^