Twenty years after the fall of communism in the Czech Republic, the Communist Party of Bohemia and Moravia (KSČM) continues to garner public support and maintains its presence in parliament. The party’s endurance is surprising given the country’s relative economic success and the presence...

We use longitudinal methods and universal panel data on 30,000 initially state-owned manufacturing firms in four transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries consistently reject job losses and they never imply large wage...