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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 …
Persistent link: https://www.econbiz.de/10010268760
and other establishments from 1997 to 2001. While theory provides alternative explanations for higher or lower wages in … newly founded firms, we show empirically that start-ups tend to pay lower wages, ceteris paribus. On average, wages in newly …
Persistent link: https://www.econbiz.de/10010297201
Differences in wages, employment, and capital between worker-owned and capitalist enterprises are computed from a …. Co-op wages are about 14 percent lower on average and they are more volatile (and employment less volatile) than those in …
Persistent link: https://www.econbiz.de/10010276248
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 …
Persistent link: https://www.econbiz.de/10010287960
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 …
Persistent link: https://www.econbiz.de/10010288007
We analyze the effects of privatization on firm-level wages and employment in four transition economies. Contrary to … negative effect in Russia, and they provide some evidence of positive foreign effects on both wages and employment in all four …
Persistent link: https://www.econbiz.de/10010494669
A key input to inventive activity is human capital. Hence it is important to understand the monetary incentives of inventors. We estimate the effect of patented inventions on individual earnings by linking data on U.S. patents and their inventors to Finnish employer-employee data. Returns are...
Persistent link: https://www.econbiz.de/10010333876
The Boskin report (1996) concluded that the US consumer price index (CPI) overestimated the inflation by 1.1 percentage points. This was due to several measurement errors in the CPI. One of them is called quality change bias. We compare two methods in this paper which can be used to correct for...
Persistent link: https://www.econbiz.de/10011604218
Although physicians are often expected to be gatekeepers to health insurance benefits such as paid sick leave, research indicates a substantial reluctance to reject patient requests for sickness certificates. We show that private information on the patient's part creates a conflict between the...
Persistent link: https://www.econbiz.de/10011653463
Analyzing a large weekly retail transaction price dataset, we uncover a surprising regularity'small price increases occur more frequently than small price decreases for price changes of up to about 10 cents, while there is no such asymmetry for larger price changes. The asymmetry holds for the...
Persistent link: https://www.econbiz.de/10010260591