within less than five years. We examine whether the privatization authority followed its mandate to privatize competitive … firms using initial labor productivity to indicate firms' competitiveness. Our results highlight that firms with higher … baseline productivity are more likely to be privatized, yield higher sales prices, are more often acquired by West German …

within less than five years. We examine whether the privatization authority followed its mandate to privatize competitive … firms using initial labor productivity to indicate firms' competitiveness. Our results highlight that firms with higher … baseline productivity are more likely to be privatized, yield higher sales prices, are more often acquired by West German …

Previous empirical studies on the effect of age on productivity and wages find contradicting results. Some studies find … that if workers grow older there is an increasing gap between productivity and wages, i.e. wages increase with age while … productivity does not or does not increase at the same pace. However, other studies find no evidence of such an age related pay-productivity …

We analyze the extent of the integrated control of the state over privatized firms during the post-privatization decade …

In addition to the humanitarian suffering and huge immediate economic costs, the war in Ukraine will have long …-term consequences, among which are losses in human capital that will impact aggregate productivity for many years. Exploiting a new … losses in long-run aggregate productivity operating through the human capital channel could be at about 7% if the war lasts …