NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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The Effects of Foreign Multinationals on Workers and Firms in the United States

Bradley Setzler, Felix Tintelnot

NBER Working Paper No. 26149
Issued in August 2019, Revised in February 2020

---- Acknowledgments ----

The opinions expressed in this paper are those of the authors alone and do not reflect the views of the Internal Revenue Service, the U.S. Treasury Department, or the National Bureau of Economic Research. We thank our discussant at the NBER Summer Institute, Emanuele Colonnelli, as well as Pol Antras, David Atkin, Nick Bloom, Victor Couture, Ben Faber, Aaron Flaaen, Rick Hornbeck, Erik Hurst, Mina Kim, Cailin Slattery, Jim Tybout, Danny Yagan, Stephen Yeaple, and seminar participants at ASSA, Berkeley, Chicago, EIIT, Dallas Federal Reserve, NBER International Trade and Investment, NBER Summer Institute, SED, Stanford, and UBC for useful comments that have substantially improved the paper. Setzler gratefully acknowledges the financial support of the Washington Center for Equitable Growth and NSF Grant SES-1851808. Tintelnot gratefully acknowledges the financial support of the Becker Friedman Institute for Economics at the University of Chicago.

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