.16 and 0.34, respectively), and controlling for employment size further reduces them (to 0.07 and 0.28). We also exploit the … unobserved firm characteristics affecting the average level and trend growth of wages. These controls have little effect on the …

We estimate the effects of privatization on firm-level wages and employment in four transition economies. Applied to … impacts on both employment and wages in all four countries. The negligible consequences of domestic privatization for workers … job losses from privatization, and they never imply large negative effects on wages; only for domestic privatization in …

This paper estimates the effects of privatization on worker separations and wages using retrospective data from a … used to control for unobservables in worker and firm selection. The results imply that privatization reduces wages by 5 … percent and cuts the layoff probability in half. Outside investor ownership reduces separations but leaves wages unaffected …