Multinational organizations fork out comparatively higher paycheck. Less is known about the wage structure within multinational and non-multinational firms. We take a look at the impact of acquisitions on wage dispersion in Sweden employing a large matched employer-employee data set. Foreign acquisitions of Swedish firms raise wage dispersion simply by ...
In this report we develop an equilibrium search and matching model where two-person families and also singles participate in the labor market. We reveal that equilibrium entails wage dispersion among equally productive risk-averse workers. Marital status in addition to spousal labor market status matters for wage outcomes. Typically, employed members ...
Zambia’s experience in the 1990s illustrates that, on their own, policy changes will not redress decades of mismanagement, especially when the degree of commitment of the elite remains unaltered. In 1991, the Movement for Multiparty Democracy won the elections on a reform platform, promising to reverse the economic decline and ...