Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/64320 
Year of Publication: 
2006
Series/Report no.: 
Upjohn Institute Working Paper No. 06-126
Publisher: 
W.E. Upjohn Institute for Employment Research, Kalamazoo, MI
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.
Subjects: 
privatization
layoffs
wages
Ukraine
JEL: 
D21
G34
J23
J31
L33
P23
P31
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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