Globalization and Uncertainty: Earnings Volatility in Sweden, 1985-2003

Martin Hällsten (), Tomas Korpi () and Michael Tåhlin ()
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Martin Hällsten: Swedish Institute for Social Research, Stockholm University, Postal: SE-106 91 Stockholm, Sweden
Tomas Korpi: Swedish Institute for Social Research, Stockholm University, Postal: SE-106 91 Stockholm, Sweden
Michael Tåhlin: Swedish Institute for Social Research, Stockholm University, Postal: SE-106 91 Stockholm, Sweden

No 7/2009, Working Paper Series from Stockholm University, Swedish Institute for Social Research

Abstract: Earnings volatility has been linked it to economic integration only through contradictory conjectures. We assess globalization’s role by examining volatility trends in manufacturing, private services, and public services. If trade increases uncertainty, volatility trends should differ markedly across industries since manufacturing, in contrast to especially public services, is exposed to international competition. We analyze earnings trajectories in Sweden 1985-2003, a country and period evincing accelerating trade, finding no indications of greater volatility increases in manufacturing.

Keywords: - (search for similar items in EconPapers)
JEL-codes: J31 J45 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2009-09-30
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Published as Hällsten, Martin, Tomas Korpi and Michael Tåhlin, 'Globalization and Uncertainty: Earnings Volatility in Sweden, 1985-2003' in INDUSTRIAL RELATIONS, 2010, pages 165-189.

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