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 …

returns respond to entry-level salaries (or opportunity wages) a relationship unexplored in work to date. Using data on …

Using panel data on U.S. MSAs, this paper estimates how a typical MSA's wages of different demographic groups, and … prices and wages. MSA unemployment has strong effects on MSA wages and prices, but the distribution of unemployment among … different groups has weak effects on wages and prices. Using these estimates, simulations show that targeting high …