The end of communism in the 1990s probably is the most fundamental restructuring of institutions witnessed in recent history. At its core was the large-scale redistribution of previously state-owned companies. We construct a unique firm-level dataset to study this redistribution in East Germany...

Im April 1992 wurden zum dritten Mal alle noch bestehenden 6688 Treuhandfirmen über ihre Beschäftigungsperspektiven schriftlich befragt. Gleichzeitig wurde zum zweiten Mal allen 4100 vollständig privatisierten Ex-Treuhandfirmen ein entsprechender, aber verkürzter Fragebogen zugesandt. Die...

"The transformation process in the new Federal states is often subdivided into a 'transformation from above' (the splitting up of the old enterprises) and a 'transformation from below' (establishment of new enterprises). In this article these two partial processes are considered both with regard...

This paper investigates a unique policy designed to maintain employment during the privatization of East German firms after the fall of the Iron Curtain. The policy required new owners of the firms to commit to employment targets, with penalties for non-compliance. Using a dynamic model, we...

Im April 1992 wurden zum dritten Mal alle noch bestehenden 6688 Treuhandfirmen über ihre Beschäftigungsperspektiven schriftlich befragt. Gleichzeitig wurde zum zweiten Mal allen 4100 vollständig privatisierten Ex-Treuhandfirmen ein entsprechender, aber verkürzter Fragebogen zugesandt. Die...

"On l.10.l995, 2249 completely privatised companies (26.4% of the total number) with 362 000 employees (38.1%) reported an extrapolated total employment of 950 000. By the end of 1995there were expected to be 57 000 job losses, in 1996 a further 53 000 and in 1997 another 14 000 jobs were...