We consider estimation of panel data models with sample selection when the equation of interest contains endogenous explanatory variables as well as unobserved heterogeneity. Assuming that appropriate instruments are available, we propose several tests for selection bias and two estimation...

Research on teacher productivity, as well as recently developed accountability systems for teachers, relies on “value-added” models to estimate the impact of teachers on student performance. We consider six value-added models that encompass most commonly estimated specifications. We test...

Purpose – Do gender differences in expected rewards contribute to gender differences in job satisfaction? Design/methodology/approach – This paper utilizes data collected from over 9,400 employees in five economically and culturally diverse former socialist economies, first, to determine...

This paper examines the nature and scope of enterprise restructuring in Russia using two sources of firm-level data. The first involves a panel of over 2,000 civilian manufacturing firms in Moscow, Tver, Volgograd, Rostov, and Novosibirsk. The second involves data collected from a series of...

This paper proposes a composite measure to evaluate a firm's survival potential. The composite measure is applied to 51 Russian firms located in Moscow, Volgograd, Rostov and Taganrog, utilizing data collected in 1995 from in-depth interviews with top-level managers of manufacturing, trade, and...

A general consensus in the transition economies literature links the existence of enterprise restructuring with the pace of the transition process and the potential for economic growth. The existing literature is less clear, however, about whether the lack of economic growth is caused by the...

This case study of enterprise restructuring utilizes data collected from thirty-two former state-owned firms in Taganrog, Russia, in the summer and fall of 1999. These data are used to construct three composite measures of enterprise restructuring. When defined broadly to include several...