-oriented issue of why a large number of efficient firms disappeared during mass privatization in a booming economy of Montenegro …. Econometrically, we present the first study to look at firms that disappeared during a mass privatization transition, improving upon … remaining in samples when estimating the effects of privatization or other ownership changes. We also show that one needs to …

We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … and domestic blockholders, but insider and mass privatization are also estimated to have positive, although smaller …

difficult it is to replicate existing research, with one example from Australia and one from the US. Using event studies and …

one caused by sector-specific job characteristics. A natural experiment - the massive privatization process in post …-Soviet countries - allows correcting potential self-selection bias. Industry-specific privatization probabilities are assigned to …

This paper examines wage differentials between public sector and private sector workers in Australia. After controlling …