We analyze the effects of privatization on firm-level wages and employment in four transition economies. Contrary to … workers' fears, our fixed effect and random trend estimates imply little effect of domestic privatization, except for a slight … countries. The negligible employment impact of domestic privatization results from effects on efficiency and scale that are …

the data is used to measure and control for pre-privatization selection bias and to estimate long-run impacts. The data …This paper estimates the effect of domestic and foreign privatization on multifactor productivity (MFP) using long … imply steadily increasing MFP as a result of domestic privatization, reaching about 25 percent relative to state-owned firms …

We estimate the effects of privatization on firm-level wages and employment in four transition economies. Applied to … job losses from privatization, and they never imply large negative effects on wages; only for domestic privatization in … Hungary and Russia are small (3-5%) negative wage effects found. Privatization to foreign investors has positive estimated …

used to control for unobservables in worker and firm selection. The results imply that privatization reduces wages by 5 …This paper estimates the effects of privatization on worker separations and wages using retrospective data from a … national probability sample of Ukrainian households. Detailed worker characteristics are used to control for compositional …

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 …

used to control for unobservables in worker and firm selection. The results imply that privatization reduces wages by 5 …This paper estimates the effects of privatization on worker separations and wages using retrospective data from a … national probability sample of Ukrainian households. Detailed worker characteristics are used to control for compositional …

shareholders of firms listed in the U.S. cannot extract as many private benefits from control compared to controlling shareholders …