Çokuluslu şirketlerin iş gücü piyasalarına etkileri

In this dissertation, the labor market implications of increased foreign …rm ac- tivity in the local economy are studied by using a heterogeneous matching model framework. There are a number of unskilled and skilled job seekers, and a number of job vacancies posted by local and foreign …rms. In this set up, where all workers can engage in on-the-job search, equilibrium conditions and Nash bargaining approach allows derivation of wages for di¤erent types of workers and …rms. Results suggest that wages are a weighted average of labor productivity and unemployment bene…t, where the weight depends on the bargaining power of the workers, labor market tightness and the mass of local and foreign vacancies. Results suggest that levels of wages paid by the foreign …rm need not always be greater than that paid by the local …rm. In fact, the wage di¤erential is found to depend on relative costs, skill endowment and the technological gap between local and foreign …rms. An increase in the foreign presence, measured as an increase in the extent of foreign …rm vacancy creation, can occur because of an exogenous change in cost of job creation- public policy, technological improvements and skill upgrading. In this context, depending on the cause of an increase in foreign presence we end up with di¤erential relative wage e¤ects. On the other hand, skill intensity of the foreign …rms and restrictions iii on labor mobility from foreign to local …rms play a crucial role in explaining wage di¤erentials and unemployment.