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 …

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 …

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 …

years after privatization. Contrary to the increasing empirical evidence for non-transition economies, our privatized firms … privatization were country effects, timing of the privatization sales, industry classification, and state ownership after … privatization. Our findings are consistent with the empirical evidence that the transition process proved to be more difficult than …

prevent the emergence of foreign ownership control. In other cases, the authorities behaved differently: sometimes they …