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Events

Home Events
Across-Country Wage Compression in Multinationals
20Apr
Economics

Across-Country Wage Compression in Multinationals

20 April 2021 | 2:00 p.m. – 3:30 p.m.
Zoom
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Speaker:

Dr. Xuan Li
Assistant Professor
Department of Economics
Hong Kong University of Science and Technology

 

Abstract:

Many employers link wages at the firm’s establishments outside of the home region to the level at headquarters. Multinationals that anchor-to-the headquarters also transmit wage changes arising from shocks to minimum wages and exchange rates in the home country/state to their foreign establishments. Such multinationals fire more low-skill workers and hire fewer new workers abroad after a permanent (minimum wage-induced) foreign establishment wage increase originating in shocks to headquarter wages, but not after a temporary (exchange rate-induced) one. We show this using data on 1,060 multinationals’ establishments across the world and in employee-level data on the same employers’ establishments in Brazil.

 

(Please note that KK1121 has been reserved for faculty members and students to sit in.)

 

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Semiparametric Identification of the Discount Factor and Payoff Function in Dynamic Discrete Choice Models
Semiparametric Identification of the Discount Factor and Payoff Function in Dynamic Discrete Choice Models
Semiparametric Identification of the Discount Factor and Payoff Function in Dynamic Discrete Choice Models
Semiparametric Identification of the Discount Factor and Payoff Function in Dynamic Discrete Choice Models
Semiparametric Identification of the Discount Factor and Payoff Function in Dynamic Discrete Choice Models
18Jun
Economics | Seminar
Semiparametric Identification of the Discount Factor and Payoff Function in Dynamic Discrete Choice Models
18 June 2025 | 2:15 PM - 3:30 PM
KK 910 K. K. Leung Building, HKU
Prof. Katsumi Shimotsu
About Speaker
Dr. Xuan Li

Assistant Professor, Department of Economics, Hong Kong University of Science and Technology

Across-Country Wage Compression in Multinationals
20 April 20212:00 p.m. – 3:30 p.m.
Zoom
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