contracts literature hold up to recent empirical evidence. Guided by theory, we arrange services according to the type and …

privatization in postcommunist Russia. Taking advantage of large regional variation in the size of public administrations, and … employing a multilevel research design that controls for pre-privatization selection in the estimation of regional privatization … effects, we examine the relationship between state bureaucracy and the impact of privatization on firm productivity. We find …

In this paper we study how promoting product market competition by reducing mark-ups or by increasing productivity are …

theoretical contribution is combining a job matching model with monopolistic competition in the goods market and individual wage … bargaining. Product market competition affects unemployment by two channels: the output expansion effect and a countervailing … effect due to a hiring externality. Competition is then linked to barriers to entry. We calibrate the model to US data and …

data permit us to track the privatization process and to estimate the impact of privatization within industry-year cells … majority privatized versus state-owned firms. The gap increases with time since privatization, reaching about 15-17% five years … after privatization. It also increases with calendar time although recent privatizations are associated with smaller …

evidence showing that (a) FDI inflows reduce the likelihood of privatization reversals, (b) worsened terms of trade increase … wages and prices. -- reform reversals ; price liberalization ; trade liberalization ; privatization ; political economy …