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Globalization and Uncertainty: Earnings Volatility in Sweden, 1985-2003

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Author Info
Hällsten, Martin () (Swedish Institute for Social Research, Stockholm University)
Korpi, Tomas () (Swedish Institute for Social Research, Stockholm University)
Tåhlin, Michael () (Swedish Institute for Social Research, Stockholm University)
Abstract

Earnings volatility has been linked it to economic integration only through contradictory conjectures. We assess globalization’s role by examining volatility trends in manufacturing, private services, and public services. If trade increases uncertainty, volatility trends should differ markedly across industries since manufacturing, in contrast to especially public services, is exposed to international competition. We analyze earnings trajectories in Sweden 1985-2003, a country and period evincing accelerating trade, finding no indications of greater volatility increases in manufacturing.

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File URL: http://www.sofi.su.se/content/1/c6/03/09/74/WP09no7.pdf
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Paper provided by Swedish Institute for Social Research in its series Working Paper Series with number 7/2009.

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Length: 32 pages
Date of creation: 30 Sep 2009
Date of revision:
Handle: RePEc:hhs:sofiwp:2009_007

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Find related papers by JEL classification:
J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
J45 - Labor and Demographic Economics - - Particular Labor Markets - - - Public Sector Labor Markets

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This page was last updated on 2009-11-30.


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