NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Across-Country Wage Compression in Multinationals

Jonas Hjort, Xuan Li, Heather Sarsons

NBER Working Paper No. 26788
Issued in February 2020

---- Acknowledgments ----

We are grateful to David Card for early encouragement and to Alex Mas for suggestions that significantly improved the paper. We also thank Oriana Bandiera, Sandy Black, Nick Bloom, Jeff Clemens, Arindrajit Dube, Alex Frankel, Francois Gerard, Gordon Hanson, Simon J├Ąger, Emir Kamenica, Alan Krueger, Attila Lindner, W. Bentley MacLeod, Hannes Malmberg, Enrico Moretti, Suresh Naidu, John Van Reenen, Jonah Rockoff, David Silver, Catherine Thomas, Felix Tintelnot, and Eric Verhoogen for helpful advice and comments; Madhunika Iyer, Nidhaanjit Jain, and Jett Pettus for great research assistance; the Company for data access and many helpful conversations; and seminar audiences at the AEA Annual Meeting, NBER Summer Institute, Berkeley Haas, Brown, Columbia, LSE, NYU, UCLA, UCL, Uppsala, UCSD, and the briq Workshop on Firms, Jobs and Inequality for great feedback. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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