significantly raise the percentage of wages in the national household income is integral part of the 12th Five-Year Plan (2011 …

: the link between the household head's risk and time preferences and observed child labor supply. We develop a theoretical … model and empirically test for this causality using data from the seventh round of the Ethiopian Rural Household Survey. We …

and new consumers. Using household budget survey data for 2015/16 for Ethiopia and assuming a reform scenario that dilutes …

-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 …

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 …

We investigate the wage effects of privatization using person-level firm-based panel datasets from one privatized and … one nonprivatized public sector firm in the same country for the years immediately before and after privatization. Thus …, we can analyze the before-after effects of privatization while controlling for individual and time fixed effects and …

transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries … consistently reject job losses and they never imply large wage cuts from privatization to either foreign or domestic owners. The … domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude …

financial markets work, and stress the vital need of preventing financial devices that result in productive investment crowding-out …