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Multinationals and wages: evidence from employer-employee data in Serbia

Multinationals and wages: evidence from employer-employee data in Serbia

Delevic, Uros and Kennell, James ORCID: 0000-0002-7877-7843 (2022) Multinationals and wages: evidence from employer-employee data in Serbia. Economic Annals, 67 (232). pp. 49-80. ISSN 0013-3264 (Print), 1820-7375 (Online) (doi:

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Many studies have reported that foreign-owned companies pay higher wages on average than domestic companies. However, this can be attributed to the different composition of the workforce or to a wage premium at the individual worker level. This paper contributes to this literature by observing whether individuals that change their job from a domestic to a foreign-owned company experience a change in their wages. Furthermore, it investigates whether this difference in wage patterns is moderated by workers’ education. This paper is one of the very few micro-econometric studies that deal with this question in a transition country, Serbia, using employer–employee data on the private sector over a long time period (15 years). Changing jobs is found to be positively associated with workers’ wages: the change in wages is higher when moving from a domestic to a foreign company than vice versa. The evidence suggests that more-educated workers benefit the most from leaving domestic companies.

Item Type: Article
Uncontrolled Keywords: labour mobility; job change; wage change; MNEs and wages; transition economies
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Faculty / School / Research Centre / Research Group: Faculty of Business
Faculty of Business > Department of International Business & Economics
Faculty of Business > Institute of Political Economy, Governance, Finance and Accountability (IPEGFA)
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Last Modified: 08 Jun 2022 08:46

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