The Role of Multinational Firms in the Wage-Gap Debate.

Journal article

The observation of an increase in the ratio of skilled to unskilled wages in the high-income countries and in some cases in low/middle-income countries has led to considerable discussion and controversy as to its cause. Virtually none of the analyses have considered a role for multinational investment in explaining the wage-gap phenomenon. This paper adapts the authors' earlier work to consider what role multinationals might play in factor markets. It identifies circumstances under which inve...

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Authors: Markusen, J; Venables, A

• Journal: Review of International Economics
• Volume: 5
• Publication date: 1997-01-01
• ISSN: 0965-7576
• Language: English