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We trace the rise of the so called oligarchs in post-Soviet Russia and examine their relationship to income distribution in Russia. When Russia moved to a market economy in the 1990s a new business elite evolved. Russia's distinctive path towards market economy, among other factors, gave rise to...
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We trace the rise of the so called oligarchs in post-Soviet Russia and examine their relationship to income distribution in Russia. When Russia moved to a market economy in the 1990s a new business elite evolved. Russia’s distinctive path towards market economy, among other factors, gave rise...
Persistent link: https://www.econbiz.de/10011657170
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 cuts from privatization to either foreign or domestic owners. The … 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
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
regional differences in early privatization as instruments to estimate the effect of small enterprises on income distribution …. Early privatization is a plausible source of variation in small enterprises because it can either foster or deter entry and ….25 percentage points in the Russian regions between 1995 and 2001. Our results suggest that early privatization in Poland was more …
Persistent link: https://www.econbiz.de/10009476918
high market-relevant skills show a significantly larger support of the privatization status quo than individuals with low …
Persistent link: https://www.econbiz.de/10009480955