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wages. But this ignores the possibility that new owners will expand the firm's scale, with potentially positive effects on … employment, wages, and productivity. Evidence generally shows these forces to be offsetting, usually resulting in small …
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In this chapter we inspect economic mechanisms through which technological progress shapes the degree of inequality among workers in the labor market. A key focus is on the rise of U.S. wage inequality over the past 30 years. However, we also pay attention to how Europe did not experience...
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unobserved firm characteristics affecting the average level and trend growth of wages. These controls have little effect on the …
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We estimate the effects of privatization on firm-level wages and employment in four transition economies. Applied to … job losses from privatization, and they never imply large negative effects on wages; only for domestic privatization in … impacts on both employment and wages in all four countries. The negligible consequences of domestic privatization for workers …
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