Scandinavian Working Papers in Economics
Working Paper Series,
Stockholm University, Swedish Institute for Social Research
No 7/2009: Globalization and Uncertainty: Earnings Volatility in Sweden, 1985-2003
Martin Hällsten (), Tomas Korpi () and Michael Tåhlin ()
Additional contact information
Martin Hällsten: Swedish Institute for Social Research, Stockholm University, Postal: SE-106 91 Stockholm, Sweden
Tomas Korpi: Swedish Institute for Social Research, Stockholm University, Postal: SE-106 91 Stockholm, Sweden
Michael Tåhlin: Swedish Institute for Social Research, Stockholm University, Postal: SE-106 91 Stockholm, Sweden
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.
Keywords: -
32 pages, September 30, 2009
Full text files
WP09no7.pdf
- Published as
- Martin Hällsten, Tomas Korpi and Michael Tåhlin, (2010), 'Globalization and Uncertainty: Earnings Volatility in Sweden, 1985-2003', INDUSTRIAL RELATIONS, vol 49, no 2, pages 165-189
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