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Employment and wage effects of privatization: evidence from Hungary, Romania, Russia, and Ukraine
Brown, J. David; Earle, John S.; Telegdy, Álmos - 2008
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 …
Persistent link: https://www.econbiz.de/10010268760
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Privatization and changes in the wage structure: evidence from firm personnel records
Melly, Blaise; Puhani, Patrick A. - 2008
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 …
Persistent link: https://www.econbiz.de/10010269136
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Total reward in the UK in the public and private sectors
Danzer, Alexander M.; Dolton, Peter J. - 2011
Recent controversy has surrounded the relative value of public and private sector remuneration. We define a comprehensive measure of Total Reward (TR) which includes not just pay, but pensions and other 'benefits in kind', evaluate it as the present value of the sum of all these payments over...
Persistent link: https://www.econbiz.de/10010278521
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Why Is the Public Sector More Labor-Intensive? : A Distortionary Tax Argument
Poutvaara, Panu; Wagener, Andreas - 2004
net wage. This would counteract the distortion of labor supply arising from wage taxation. Full privatization is never …
Persistent link: https://www.econbiz.de/10010262155
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Retained State Shareholding in Chinese PLCs : Does Government Ownership Reduce Corporate Value?
Tian, Lihui; Estrin, Saul - 2005
The role of government shareholding in corporate performance is central to an understanding of China?s newly privatized large firms. In this paper, we analyze shareholders as agents that can both harm and benefit companies. We examine the ownership structure of 826 listed corporations and find...
Persistent link: https://www.econbiz.de/10010262209
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The determinants of asset stripping: theory and evidence from the transition economies
Campos, Nauro F.; Giovannoni, Francesco - 2005
During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of the stock of socialist physical capital. Despite the obvious importance of this phenomenon, there have been no efforts to model, measure and investigate this process...
Persistent link: https://www.econbiz.de/10010267582
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Firm ownership and rent sharing
Monteiro, Natália Pimenta; Portela, Miguel; Straume, … - 2010
We analyse - theoretically and empirically - how private versus public ownership of firms affects the degree of rent sharing between firms and their workers. Using a particularly rich linked employer-employee dataset from Portugal, covering a large number of corporate ownership changes across a...
Persistent link: https://www.econbiz.de/10010269766
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Job Satisfaction and Self-Selection into the Public or Private Sector: Evidence from a Natural Experiment
Danzer, Natalia - 2013
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 …
Persistent link: https://www.econbiz.de/10010328943
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Job Satisfaction and Self-Selection into the Public or Private Sector: Evidence from a Natural Experiment
Danzer, Natalia - Institute for the Study of Labor (IZA) - 2013
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 …
Persistent link: https://www.econbiz.de/10010884142
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Job Reallocation and Productivity Growth in the Ukrainian Transition
Brown, J. David; Earle, John S. - 2004
We analyze the pace and patterns of job reallocation in Ukraine using 1992-2000 panel data on nearly the surviving universe of manufacturing firms inherited from the Soviet Union. Employment growth displays substantial increase in heterogeneity during this transition period, with a corresponding...
Persistent link: https://www.econbiz.de/10010262088