wages. But this ignores the possibility that new owners will expand the firm's scale, with potentially positive effects on … employment, wages, and productivity. Evidence generally shows these forces to be offsetting, usually resulting in small …

unobserved firm characteristics affecting the average level and trend growth of wages. These controls have little effect on the …

associated rather with increased wages and employment. …

unobserved firm characteristics affecting the average level and trend growth of wages. These controls have little effect on the …

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 … impacts on both employment and wages in all four countries. The negligible consequences of domestic privatization for workers …

This paper estimates the effects of privatization on worker separations and wages using retrospective data from a … used to control for unobservables in worker and firm selection. The results imply that privatization reduces wages by 5 … percent and cuts the layoff probability in half. Outside investor ownership reduces separations but leaves wages unaffected …