WHY FOREIGN OWNERSHIP MAY BE GOOD FOR YOU*
构建了一个两国模型，分析跨国公司工资溢价的来源：一是跨国公司生产率更高、利润更高从而支付更高工资的组成效应，二是企业成为跨国公司后全球利润增加导致国内工资提高的企业层面效应。
We develop a two‐country model with heterogeneous producers and rent‐sharing at the firm level. We identify two sources of a multinational wage premium: A composition effect because multinational firms are more productive, make higher profits, and pay higher wages, and a firm‐level wage effect, because a firm makes higher global profits and thus pays higher wages in its home market when becoming multinational. With two identical countries, the wage premium is fully explained by firm characteristics. Allowing for technology differences between countries, a residual wage premium exists in the technologically backward country but not in the advanced country.