Conference Agenda
Overview and details of the sessions of this conference.
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Some information on the session logistics:
If not stated otherwise, the discussant is the following speaker, with the first speaker being the discussant of the last paper. The last speaker of each session is the session chair. (Exception: invited sessions)
Presenters should speak for no more than 20 minutes, and discussants should limit their remarks to no more than 5 minutes. The remaining time should be reserved for audience questions and the presenter’s responses. We suggest following these guidelines also in the (less common) 3-paper sessions in a 2-hour slot, to allow participants to move between sessions. Discussants are encouraged to avoid summarizing the paper. By focusing on a few questions and comments, the discussants can help start a broader discussion with the audience.
Only registered participants can attend this conference. Further information available on the congress website https://www.iseg.ulisboa.pt/en/event/iipf/ .
Venue address: ISEG - Lisbon School of Economics & Management, R. Francesinhas 21, 1200-675 Lisboa, Portugal
Please note that all times are shown in the time zone of the conference. The current conference time is: 17th Sept 2026, 11:39:33am WEST
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Daily Overview |
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B07: Firm Ownership, Wages, and Inequality Location: Room 107 (Francesinhas 1) | |
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The Effect Of Foreign Ownership Of Firms On The Distribution Of Wages 1: VATT Institute for Economic Research, Helsinki, Finland; 2: MIT; 3: Aalto University This paper studies the effects of foreign ownership among Finnish firms on top incomes. The Finnish top 1\% share increased significantly in the 1990s foreign acquisitions of Finnish firms increased rapidly. We examine how this affected the distribution of incomes. We find that on average wages increase and especially the top earners of the acquired firms gain the most in incomes. Second, we observe a set of connected firms through share board membership that allow us to study the spillover effects of the foreign acquisitions. Intriguingly, we find almost as large spillover effect in the connected firms as the direct foreign takeover effect. The direct effect and spillover effect combined allow us to explain a substantial part of the increase in top 1% share that occurred in Finland from the 1990s.
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