Juan
Duran

This paper examines the impact of multinational enterprises (MNEs) on wage inequality between firms across European regions. Using firm‐level data from the Orbis Europe dataset over the period 2012–2021, we uncover a pattern of rising between‐firm wage dispersion coinciding with increasing MNE presence. To identify causal effects, we address potential endogeneity through the use of instrumental variables. The results of this analysis indicate that the regional presence of MNEs significantly contributes to increased wage inequality between firms across European regions. The effects are more pronounced for MNE parent firms and top‐performing foreign affiliates, underscoring the role of international superstar firms in driving regional wage disparities. This research advances the understanding of the distributional impacts of foreign direct investment and its implications for regional inequalities.

Examines how structural changes in local industry composition have contributed to the reduction of gender gaps in employment hours across Mexican metropolitan zones (MZs) between 1990 and 2010. The results show that trade-induced declines in the goods sector's employment share significantly increase female relative employment hours, with effects concentrated in smaller cities.

Examines how trade liberalization influenced wage disparities between college-educated and noncollege-educated workers, as well as urban amenities, across Mexican municipalities from 1990 to 2010, during the implementation of the 1994 North American Free Trade Agreement (NAFTA).

Tests the linearity of the trilemma of macroeconomic policy in Colombia, Chile, Mexico and Peru, providing empirical evidence on whether these economies face a genuine trilemma or rather a dilemma, using threshold models.

Explores the effectiveness of exchange rate interventions by the Central Reserve Bank of Peru over 2003–2015, using event studies and threshold models. Finds evidence of short-term effectiveness that diminishes at high intervention frequencies.