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unobserved firm characteristics affecting the average level and trend growth of wages. These controls have little effect on the …
Persistent link: https://www.econbiz.de/10005141966
The 1990-1991 recession has intensified concerns about the consequences of workers' job losses. To estimate the magnitude and temporal pattern of displaced workers' earnings losses, we exploit an unusual administrative data set that includes both employees' quarterly earnings histories and...
Persistent link: https://www.econbiz.de/10005101994
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
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