take up these subsidies. The following report has reviewed this issue by means of a multivariate procedure (probit …, the fact that investment subsidies are primariliy utilised by businesses not commited to branch-level collective … agreements and that labour cost subsidies are predominantly taken up by companies without works councils, must be considered in a …

within less than five years. We examine whether the privatization authority followed its mandate to privatize competitive … investors, and are more likely to remain in business even 20 years after leaving public ownership. The privatization agency …

lackluster economic performance? This paper points to the rushed privatization of East European economies as one plausible driver …

The transition in East Germany has been characterized by an extremely rapid privatization of state-owned enterprises …-unification level. This paper argues that the government imposed an inconsistent policy toward employment on the privatization agency …, the Treuhand. Although required to take account of the shadow price of labour in the privatization negotiations (where …