Showing 1 - 10 of 6,349
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/10010494669
This paper analyses the changes in the size distribution of wages in Poland over a decade of transition. Until about …
Persistent link: https://www.econbiz.de/10010271758
Wirtschaftswissenschaften der Polnischen Akademie der Wissenschaft, Warschau, untersucht, wie die Unternehmen in Polen und in Ostdeutschland die … zufriedenstellend bewertet. Dabei stufen die Unternehmen in Polen Angebote zur Qualifizierung der Arbeitskräfte öfter als die in … Unternehmen bestehen. Von den in die Untersuchung einbezogenen Standortmerkmalen werden in beiden Gebieten zumeist die gleichen …
Persistent link: https://www.econbiz.de/10011601787
Critics of privatization argue that poor labor force restructuring is a key concern and that governments should … establish better retrenchment programs. Using new data from arandom sample of 400 companies in the world, we test competing … owners after privatization. Our results show that adverse selection plagues retrenchment programs carried out by governments …
Persistent link: https://www.econbiz.de/10011335776
This paper investigates whether privatization in emerging economies has a significant indirect effect on local stock … market development through the resolution of political risk. We argue that a sustained privatization program represents a … regulatory and private property rights. We present evidence suggesting that progress in privatization is indeed correlated with …
Persistent link: https://www.econbiz.de/10010324472
Support for economic reforms has often shown puzzling dynamics: there are many examples of reforms that started off successfully but nevertheless lost public support, and vice versa. We show that learning dynamics can rationalize this apparent paradox, the reason being that the process of...
Persistent link: https://www.econbiz.de/10010326523
This paper builds a new dataset on bank ownership and bank performance covering approximately 50,000 observations for 119 countries over the 1995-2002 period. The paper then uses the dataset to reassess the relationship between bank ownership and bank performance, providing separated estimations...
Persistent link: https://www.econbiz.de/10010327143
Persistent link: https://www.econbiz.de/10011695731
The issues of privatization (and sometimes deregulation) have been reviewed in a large literature on the various … aspects of privatization, that has emphasized the potential efficiency gains. Hence, we provide some theoretical reasoning why … privatization is useful as well as profitable for an economy and empirically present the extent of privatization in Austria and …
Persistent link: https://www.econbiz.de/10010294495
Betreiber der Infrastruktur. Im Falle vertikaler Trennung ergibt sich, dass die Privatisierung in Mehr-Produkt-Unternehmen der … Privatisierung in Ein-Produkt-Unternehmen wohlfahrtsmäßig überlegen ist. … liberalization and their privatization which can be complete or partial such that upstream production is still run by an SOE. We show …
Persistent link: https://www.econbiz.de/10010298993