This paper empirically analyzes the relationship between globalization and welfare of native-born population with a panel study. Previous research has not focused on the effects of FDI inflow and migration inflow on perceived financial well-being. The theoretical argument presented in this paper proposes FDI and migration inflow as indicators of globalization, and welfare is measured by financial satisfaction. The main hypotheses claim that professional people are positively affected by FDI inflow and migration inflow, as non-professional people become worse off in this relationship. As a consequence of this study, I present new empirical evidence, based on the analysis of the British Household Panel Survey (BHPS) from 1991 to 2008, that non-professional people only perceive less financial satisfaction in this relationship with macro-economic control variables, and professional people only become better off with micro-level control variables.
Presented by:
Burak Sonmez (Dept. of Sociology)
Date & time:
February 24, 2016 1:00 pm - February 24, 2016 2:00 pm
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