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 …

We determine workforce composition and wages in firms in the presence of productivity spill-overs between co …

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 …