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We analyze the effects of privatization on firm-level wages and employment in four transition economies. Contrary to … countries. The negligible employment impact of domestic privatization results from effects on efficiency and scale that are … workers' fears, our fixed effect and random trend estimates imply little effect of domestic privatization, except for a slight …
Persistent link: https://www.econbiz.de/10010494669
. Under privatization, governments commit not to in influence the profit-maximizing employment choice by private investors …International organizations promote privatization as precondition for economic development. But is there really too … little privatization? This political economy model asks for the incentives of governments to privatize or restructure a state …
Persistent link: https://www.econbiz.de/10011324980
transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries … domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude … consistently reject job losses and they never imply large wage cuts from privatization to either foreign or domestic owners. The …
Persistent link: https://www.econbiz.de/10010268760
information known to politicians at the time of decision making - and the effect of privatization on employment, efficiency and … politicians expected privatization to increase the employment of the privatizable group by 7 - 10 percent, and to decrease it in … decisions. Our study suggests that employment concerns played the key role in selecting firms for privatization, even if …
Persistent link: https://www.econbiz.de/10010494403
We estimate the effects of privatization on firm-level wages and employment in four transition economies. Applied to … impacts on both employment and wages in all four countries. The negligible consequences of domestic privatization for workers … job losses from privatization, and they never imply large negative effects on wages; only for domestic privatization in …
Persistent link: https://www.econbiz.de/10010288007
The privatisation policy pursued in the UK by Mrs Thatcher's government (1979-1990) and subsequently by Mr Major's government (1990-1997) was the largest experiment in public divestitures among capitalist economies. It had a deep impact on economic policy-making world wide, and was vastly...
Persistent link: https://www.econbiz.de/10011324982
privatization in postcommunist Russia. Taking advantage of large regional variation in the size of public administrations, and … employing a multilevel research design that controls for pre-privatization selection in the estimation of regional privatization … effects, we examine the relationship between state bureaucracy and the impact of privatization on firm productivity. We find …
Persistent link: https://www.econbiz.de/10010269020
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
privatization in postcommunist Russia. Taking advantage of large regional variation in the size of public administrations, and … employing a multilevel re-search design that controls for pre-privatization selection in the estimation of regional … privatization effects, we examine the relationship between state bureaucracy and the impact of privatization on firm productivity …
Persistent link: https://www.econbiz.de/10010288041
Although many have expressed concern over whether generous welfare policies discourage the employment of single mothers … employment. Using the Luxembourg Income Study (LIS), we conduct a cross-national, multi-level analysis of the effects of social … policy generosity on single mother employment in 17 affluent democracies. We find high rates of single mother employment …
Persistent link: https://www.econbiz.de/10010335452