DO PUBLIC OWNERSHIP AND LACK OF COMPETITION MATTER FOR WAGES AND EMPLOYMENT? EVIDENCE FROM PERSONNEL RECORDS OF A PRIVATIZED FIRM

Do public sector firm ownership and lack of competition matter for wages and employment? To address this question, we consider a large public-sector company that is privatized. Using personnel records, we find employment contract liberalization to generate relative wage losses for older, high-tenure...

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Bibliographic details
Volume: 11
Main Author: Blaise Melly
Patrick A. Puhani
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: OXFORD Wiley Blackwell 01.08.2013
OXFORD UNIV PRESS
Wiley Subscription Services, Inc
published in: Journal of the European Economic Association Vol. 11; no. 4; pp. 918 - 944
Data of publication: 20130801
ISSN: 1542-4766
1542-4774
EISSN: 1542-4774
Discipline: Economics
Bibliography: Acknowledgments: Part of this project was supported by the German Research Foundation (Deutsche Forschungsgemeinschaft). In its initial phase, the project was supported by the Swiss National Science Foundation NFP 4045. We thank several employees for help with questions relating to their respective companies. Swiss Federal Railways requested the inclusion of the following disclaimer: “Swiss Federal Railways welcomes the interest in its company and supports research by providing its data. The current study does, however, not necessarily reflect the opinion of Swiss Federal Railways. Swiss Federal Railways therefore reserves the right to produce a contrary view.” We add to that that the content of this article does not necessarily reflect the views of Swisscom, either, so that a similar disclaimer applies to Swisscom. We are grateful to the Editor, Stefano DellaVigna, an associate editor, four anonymous referees, David Autor, Edith Flöcklmüller, Michael Lechner, Eric Maurin, Terra G. McKinnish, Michael Pollitt, Ken Troske, Josef Zweimüller, and seminar participants at numerous places for helpful comments. Michael Huber and Juliane Parys provided excellent research assistance.
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The editor in charge of this paper was Stefano DellaVigna
Subjects:
J31
L33
J45
Online Access: Fulltext
Database: Social Sciences Citation Index
Web of Knowledge
Web of Science - Social Sciences Citation Index - 2013
Web of Science
Academic OneFile (A&I only)
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