期刊名称:CERT Discussion Paper / Center for Economic Reform and Transformation
出版年度:2006
卷号:2006
出版社:Edinburgh
摘要:This paper estimates the effects of privatization on
worker separations and wages using retrospective data from a national
probability sample of Ukrainian households. Detailed worker characteristics are
used to control for compositional differences and to assess types of observable
"winners" and "losers" from privatization. Pre-privatization worker-firm matches
are used to control for unobservables in worker and firm selection. The results
imply that privatization reduces wages by 5 percent and cuts the layoff
probability in half. Outside investor ownership reduces separations but leaves
wages unaffected. Winners from privatization tend to be higher-skilled employees
of larger firms, but there is no discernable relationship with gender,
education, or experience.