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| Author: | Pesola, H. |
| Title: | Labour mobility and returns to experience in foreign firms |
| Journal: | Scandinavian Journal of Economics
2011 : VOL. 113:3, p. 637-664 |
| Index terms: | foreign investment direct investment knowledge employees pay panel data Nordic countries Finland |
| Freeterms: | FDI knowledge spillovers |
| Language: | eng |
| Abstract: | In this paper, Finnish linked employer-employee panel data is used to study whether employees can appropriate returns to knowledge accumulated in foreign-owned (henceforth as: f-owd.) firms when moving to domestic firms. The estimates indicate that highly educated employees earn a return to prior experience in a f-owd. firm, which is over and above the return to other previous experience. These employees do not seem to pay for the accumulated knowledge in the form of lower starting wages in f-owd. firms. |
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