We analyze the effects of privatization on firm-level wages and employment in four transition economies. Contrary to … negative effect in Russia, and they provide some evidence of positive foreign effects on both wages and employment in all four …

unobserved firm characteristics affecting the average level and trend growth of wages. These controls have little effect on the …

transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries … domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude …

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 …