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|Title:||Wages, layoffs, and privatization: Evidence from Ukraine |
|Authors:||Brown, J. David|
Earle, John S.
|Issue Date:||2006 |
|Series/Report no.:||Upjohn Institute Working Paper 06-126|
|Abstract:||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. Preprivatization 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.|
|Document Type:||Working Paper|
|Appears in Collections:||Upjohn Institute Working Papers, W. E. Upjohn Institute for Employment Research|
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