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Using propensity matching estimators to evaluate the impact of privatisation on wages

  • Natália Pimenta Monteiro

    ()

    (Universidade do Minho - NIPE)

Whether the transfer of ownership rights to the private sector leads to a decline (increase) on wage growth is theo retically ambiguous given that the outcome depends on the uncertain interaction between firms` and workers`behaviour. Using propensity matching techniques, this paper investigates the effects obtained from Quadros de Pessoal for the period between 1989 and 1997, clearly confirm a positive relationship between wage variation and timing of economic restructuring for either men or women retained in the firm. Moreover, the results show that privatisation hit more intensely the most educated, experienced (oldest) and the best paid workforce irrespective of the gender.

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File URL: http://www3.eeg.uminho.pt/economia/nipe/docs/2004/NIPE_WP_12_2004.PDF
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Paper provided by NIPE - Universidade do Minho in its series NIPE Working Papers with number 12/2004.

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Date of creation: 2004
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Handle: RePEc:nip:nipewp:12/2004
Contact details of provider: Postal: Núcleo de Investigação em Políticas Económicas, Escola de Economia e Gestão, Universidade do Minho, P-4710-057 Braga, Portugal
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  5. Wayne K. Talley & James Peoples, 2001. "Black-White Earnings Differentials: Privatization versus Deregulation," American Economic Review, American Economic Association, vol. 91(2), pages 164-168, May.
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  7. Heckman, James J. & Lalonde, Robert J. & Smith, Jeffrey A., 1999. "The economics and econometrics of active labor market programs," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 31, pages 1865-2097 Elsevier.
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  11. Haskel, Jonathan & Sanchis, Amparo, 1995. "Privatisation and X-Inefficiency: A Bargaining Approach," Journal of Industrial Economics, Wiley Blackwell, vol. 43(3), pages 301-21, September.
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  18. De Fraja, Giovanni, 1993. "Unions and Wages in Public and Private Firms: A Game-Theoretic Analysis," Oxford Economic Papers, Oxford University Press, vol. 45(3), pages 457-69, July.
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  20. Michael Lechner, 2002. "Program Heterogeneity And Propensity Score Matching: An Application To The Evaluation Of Active Labor Market Policies," The Review of Economics and Statistics, MIT Press, vol. 84(2), pages 205-220, May.
  21. Bruce D. Meyer, 1994. "Natural and Quasi- Experiments in Economics," NBER Technical Working Papers 0170, National Bureau of Economic Research, Inc.
  22. Gupta, Sanjeev, et al, 2001. " Privatization, Labor and Social Safety Nets," Journal of Economic Surveys, Wiley Blackwell, vol. 15(5), pages 647-69, December.
  23. Michael Lechner, 2002. "Some practical issues in the evaluation of heterogeneous labour market programmes by matching methods," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 165(1), pages 59-82.
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  25. 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, Wiley Blackwell, vol. 64(4), pages 605-54, October.
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