Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/81332
Authors: 
Tåg, Joacim
Year of Publication: 
2010
Series/Report no.: 
IFN Working Paper 851
Abstract: 
Private equity buyouts have become a common element in the industrial development process. I survey the literature on the real economic effect of buyouts: employment, wages, productivity, and long-run investments. Employment tend to marginally fall after a buyout in most countries studied, with the exception being France. There are clear evidence of productivity gains following a buyout, with part of these being shared with worker through higher wages. The evidence is mixed regarding effects on long-run investments.
Subjects: 
Employment
Innovation
Leveraged Buyouts
Long-run investments
Private equity buyouts
Productivity
Real effects
JEL: 
G20
G30
G34
J20
L20
Document Type: 
Working Paper

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