Daveri, Francesco; Manasse, Paolo; Serra, Danila - In: Rivista di Politica Economica (2011) 1, pp. 223-251
Employees of globalized firms face a more uncertain stream of earnings and riskier employment prospects. However, they also have stronger incentives to train and upgrade their skills and benefit from more rapid careers. Hence, the costs of uncertainty and the benefits of skill upgrading...