Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
The Impact of International Capital Mobility on the Volatility of Labor Income
Jönköping University, Jönköping International Business School, JIBS, Economics.
2000 (English)In: The annals of regional science, ISSN 0570-1864, E-ISSN 1432-0592, Vol. 34, no 2, p. 157-172Article in journal (Refereed) Published
Abstract [en]

If project risk is positively related to project return, then the greater diversification available from international capital mobility also leads to more investment in the riskier projects with high expected returns. This results in internationally immobile laborers facing greater risk in the demand for their services, since these services are provided to riskier projects and the laborers do not receive the diversification benefit that capitalists do. This paper develops a model which shows that when there is more capital mobility between two countries, there is a tendency for both countries to experience an increase in the volatility of labor income under perfect wage flexibility, and this impact is stronger in the country less richly endowed with labor and financial wealth.

Place, publisher, year, edition, pages
2000. Vol. 34, no 2, p. 157-172
Keywords [en]
capital mobility, labor income, wages, international
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-2542DOI: 10.1007/s001689900005OAI: oai:DiVA.org:hj-2542DiVA, id: diva2:33362
Available from: 2007-06-14 Created: 2007-06-14 Last updated: 2017-12-12Bibliographically approved

Open Access in DiVA

No full text in DiVA

Other links

Publisher's full texthttp://www.springerlink.com/content/tccvfl8hvx5hk6fh/fulltext.pdf

Authority records BETA

Hacker, R Scott

Search in DiVA

By author/editor
Hacker, R Scott
By organisation
JIBS, Economics
In the same journal
The annals of regional science
Economics

Search outside of DiVA

GoogleGoogle Scholar

doi
urn-nbn

Altmetric score

doi
urn-nbn
Total: 300 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf