This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
The Impact of Privatization on the Earnings of Restructured Workers Author info | Abstract | Publisher info | Download info | Related research | Statistics Sebastián Galiani and Federico Sturzenegger
Additional information is available for the following
registered author(s):
We study the long-term impact of job displacement from a big state owned enterprise as a result of its privatization in a developing country. Our results suggest large reductions in earnings, which persist throughout the years. However, we also find that the displaced worker’s post-displacement earnings are in line with competitive market wages, and unrelated to sector of employment or to tenure losses, indicating that the long-term reduction in earnings as a result of displacement because of privatization can be traced to the loss of wage rents. Our results indicate that job displacement in SOEs may have very large redistributive implications for the workers involved but that this loss does not reflect the loss of specific human capital associated to these jobs.
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page . Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Paper provided by Universidad Torcuato Di Tella in its series Business School Working Papers with number
longterm.
Download reference. The following formats are available: HTML
(with abstract ),
plain text
(with abstract ),
BibTeX ,
RIS (EndNote, RefMan, ProCite),
ReDIF
Length: 26 pages
Date of creation: Date of revision:
Handle: RePEc:udt:wpbsdt:longtermContact details of provider: Postal: Mi�ones 2177 - (1428) Buenos Aires Web page: http://www.utdt.edu/listado_contenidos.php?id_item_menu=4994 More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Julieta Serna).
Keywords: References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.:
Rama, Martin & MacIsaac, Donna, 1999.
"Earnings and Welfare after Downsizing: Central Bank Employees in Ecuador ,"
World Bank Economic Review ,
Oxford University Press, vol. 13(1), pages 89-116, January.
Assaad, Ragui, 1999.
"Matching Severance Payments with Worker Losses in the Egyptian Public Sector ,"
World Bank Economic Review ,
Oxford University Press, vol. 13(1), pages 117-53, January.
Rafael La Porta & Florencio López-De-Silanes, 1999.
"The Benefits Of Privatization: Evidence From Mexico ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 114(4), pages 1193-1242, November.
[Downloadable!] (restricted)
Other versions: Addison, John T & Portugal, Pedro, 1989.
"Job Displacement, Relative Wage Changes, and Duration of Unemployment ,"
Journal of Labor Economics ,
University of Chicago Press, vol. 7(3), pages 281-302, July.
[Downloadable!] (restricted)
Ruhm, Christopher J, 1991.
"Are Workers Permanently Scarred by Job Displacements? ,"
American Economic Review ,
American Economic Association, vol. 81(1), pages 319-24, March.
[Downloadable!] (restricted)
Roman Frydman & Cheryl Gray & Marek Hessel & Andrzej Rapaczynski, 1999.
"When Does Privatization Work? The Impact Of Private Ownership On Corporate Performance In The Transition Economies ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 114(4), pages 1153-1191, November.
[Downloadable!] (restricted)
Rama, Martin, 1999.
"Public Sector Downsizing: An Introduction ,"
World Bank Economic Review ,
Oxford University Press, vol. 13(1), pages 1-22, January.
Barberis, Nicholas & Maxim Boycko & Andrei Shleifer & Natalia Tsukanova, 1996.
"How Does Privatization Work? Evidence from the Russian Shops ,"
Journal of Political Economy ,
University of Chicago Press, vol. 104(4), pages 764-90, August.
[Downloadable!] (restricted)
Other versions: Neal, Derek, 1995.
"Industry-Specific Human Capital: Evidence from Displaced Workers ,"
Journal of Labor Economics ,
University of Chicago Press, vol. 13(4), pages 653-77, October.
[Downloadable!] (restricted)
Paul M. Ong & Don Mar, 1992.
"Post-layoff earnings among semiconductor workers ,"
Industrial and Labor Relations Review ,
ILR Review, ILR School, Cornell University, vol. 45(2), pages 366-379, January.
Bruce C. Fallick, 1996.
"A review of the recent empirical literature on displaced workers ,"
Industrial and Labor Relations Review ,
ILR Review, ILR School, Cornell University, vol. 50(1), pages 5-16, October.
Heckman, James J & Ichimura, Hidehiko & Todd, Petra E, 1997.
"Matching as an Econometric Evaluation Estimator: Evidence from Evaluating a Job Training Programme ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 64(4), pages 605-54, October.
[Downloadable!] (restricted)
Jacobson, Louis S & LaLonde, Robert J & Sullivan, Daniel G, 1993.
"Earnings Losses of Displaced Workers ,"
American Economic Review ,
American Economic Association, vol. 83(4), pages 685-709, September.
[Downloadable!] (restricted)
Other versions: Sebastian Galiani & Paul Gertler & Ernesto Schargrodsky, 2005.
"Water for Life: The Impact of the Privatization of Water Services on Child Mortality ,"
Journal of Political Economy ,
University of Chicago Press, vol. 113(1), pages 83-120, February.
Galiani, Sebastian & Hopenhayn, Hugo A., 2003.
"Duration and risk of unemployment in Argentina ,"
Journal of Development Economics ,
Elsevier, vol. 71(1), pages 199-212, June.
[Downloadable!] (restricted)
Other versions:
Sebastian Galiani & Hugo A. Hopenhayn, 2001.
"Duration and Risk of Unemployment in Argentina ,"
William Davidson Institute Working Papers Series
476, William Davidson Institute at the University of Michigan Stephen M. Ross Business School.
[Downloadable!] Sebastián Galiani & Hugo Hopenhayn, 2001.
"Duration and Risk of Unemployment in Argentina ,"
Center for International and Development Economics Research, Working Paper Series
1005, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley.
[Downloadable!] Sebasti=E1n Galiani & Hugo A. Hopenhayn, 2001.
"Duration and Risk of Unemployment in Argentina ,"
Labor and Demography
0012002, EconWPA.
[Downloadable!] Sebastián Galiani and Hugo A. Hopenhayn., 2000.
"Duration and Risk of Unemployment in Argentina ,"
Center for International and Development Economics Research (CIDER) Working Papers
C00-117, University of California at Berkeley.
[Downloadable!] Megginson, William L & Nash, Robert C & van Randenborgh, Matthias, 1994.
" The Financial and Operating Performance of Newly Privatized Firms: An International Empirical Analysis ,"
Journal of Finance ,
American Finance Association, vol. 49(2), pages 403-52, June.
[Downloadable!] (restricted)
Kenneth A. Couch, 2001.
"Earnings losses and unemployment of displaced workers in Germany ,"
Industrial and Labor Relations Review ,
ILR Review, ILR School, Cornell University, vol. 54(3), pages 559-572, April.
James J. Heckman, 1989.
"Choosing Among Alternative Nonexperimental Methods for Estimating the Impact of Social Programs: The Case of Manpower Training ,"
NBER Working Papers
2861, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Daniel S. Hamermesh, 1987.
"What Do We Know About Worker Displacement in the U.S.? ,"
NBER Working Papers
2402, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Margolis, D.N., 2000.
"Worker Displacement in France ,"
Papiers d'Economie Mathématique et Applications
2000.03, Université Panthéon-Sorbonne (Paris 1).
Other versions: Bruce C. Fallick, 1995.
"A review of the recent empirical literature on displaced workers ,"
Finance and Economics Discussion Series
95-14, Board of Governors of the Federal Reserve System (U.S.).
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Adelaide Maria Figueiredo & Fernanda Otília Figueiredo & Natália Pimenta Monteiro, 2008.
"Labor adjustments in privatized firms: a Statis approach ,"
FEP Working Papers
306, Universidade do Porto, Faculdade de Economia do Porto.
[Downloadable!]
Alberto Chong & Gianmarco León, 2007.
"Empresas privatizadas, instituciones y consecuencias laborales en paises emergentes ,"
RES Working Papers
4525, Inter-American Development Bank, Research Department.
[Downloadable!]
Alberto Chong & Gianmarco León, 2007.
"Privatized Firms, Rule of Law and Labor Outcomes in Emerging Markets ,"
RES Working Papers
4524, Inter-American Development Bank, Research Department.
[Downloadable!]
Access and
download statistics Did you know? No RePEc service, like IDEAS, charges for the use or the display of bibliographic data.
This page was last updated on 2009-11-11.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .