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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 …
Persistent link: https://www.econbiz.de/10005030683
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 …
Persistent link: https://www.econbiz.de/10005030687
Persistent link: https://www.econbiz.de/10010593467
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