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Wages, Employment, and Capital in Capitalist and Worker-Owned Firms
Pencavel, John; Pistaferri, Luigi; Schivardi, Fabiano - Institute for the Study of Labor (IZA) - 2006
Differences in wages, employment, and capital between worker-owned and capitalist enterprises are computed from a matched employer-worker panel data set from Italy, the market economy with the greatest incidence of worker-owned and worker-managed firms. These differences are related to orthodox...
Persistent link: https://www.econbiz.de/10005233888
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Financialization of the U.S. corporation: what has been lost, and how it can be regained
Lazonick, William - Volkswirtschaftliche Fakultät, … - 2012
The employment problems that the United States now faces are largely structural. The structural problem is not, however, as many economists have argued, a labor-market mismatch between the skills that prospective employers want and the skills that potential workers have. Rather the employment...
Persistent link: https://www.econbiz.de/10011113715
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Inflation as restructuring. A theoretical and empirical account of the U.S. experience
Nitzan, Jonathan - Volkswirtschaftliche Fakultät, … - 1992
This work is a PhD dissertation, written at the Department of Economics, McGill University. The thesis offers a new framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure and institutions as given for the purpose of...
Persistent link: https://www.econbiz.de/10005789620
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Family Ownership and Returns on Investment – Founders, Heirs, and External Managers
Eklund, Johan E.; Palmberg, Johanna; Wiberg, Daniel - Ratioinstitutet - 2010
This paper investigates how family ownership, control, and management affect firms’ investment performance. We use the …
Persistent link: https://www.econbiz.de/10008563369
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Does Privatization Hurt Workers? Lessons from Comprehensive Manufacturing Firm Panel Data in Hungary, Romania, Russia, and Ukraine
Brown, J. David; Earle, John; Telegdy, Almos - Centre for Economic Reform and Transformation, School … - 2005
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 …
Persistent link: https://www.econbiz.de/10005157524
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Ownership and Wages: Estimating Public-Private and Foreign-Domestic Differentials with LEED from Hungary, 1986–2003
Earle, John S.; Telegdy, Almos - W.E. Upjohn Institute for Employment Research - 2007
Studies of public-private and foreign-domestic wage differentials face difficulties distinguishing ownership effects from correlated characteristics of workers and firms. This paper estimates these ownership differentials using linked employer-employee data (LEED) from Hungary containing 1.35mln...
Persistent link: https://www.econbiz.de/10005141966
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Does Privatization Hurt Workers? Lessons from Comprehensive Manufacturing Firm Panel Data in Hungary, Romania, Russia, and Ukraine
Brown, J. David; Earle, John S.; Telegdy, Almos - W.E. Upjohn Institute for Employment Research - 2005
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 …
Persistent link: https://www.econbiz.de/10005030683
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Employment and Wage Effects of Privatization: Evidence from Hungary, Romania, Russia, and Ukraine
Brown, J. David; Earle, John; Telegdy, Álmos - Centre for Economic Reform and Transformation, School … - 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/10005649911
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Monopoly mail : privatizing the United States Postal Service
Adie, Douglas K. - 1989
Persistent link: https://www.econbiz.de/10004081492