Employment and wages in transition : panel evidence from Poland

  • New survey data for a panel of Polish firms is used to estimate employment and wage adjustments under various forms of ownership (insider vs. outsider) and asymmetric response to exogenous shocks. In contrast to earlier studies, dynamic panel data estimators (GMM) allow for endogeneity of observed variables and partial adjustment to shocks. Results differ from other findings in the transition literature: wages have little effect on dynamic labor demand and the firm-size wage effect is confirmed. Firms that expand employment have to pay significantly larger wage increases and rising sales add little to employment, suggesting labor hoarding. Dec1ining sales, however, significantly reduce employment and privatization (or anticipation thereof) has the expected benefits.

Download full text files

Export metadata

Additional Services

Search Google Scholar Statistics
Metadaten
Author details:Atanas Christev, Felix FitzRoy
URN:urn:nbn:de:kobv:517-opus-48946
Publication series (Volume number):Finanzwissenschaftliche Diskussionsbeiträge / Specials series S: Industrial and social policies in countries in transition (19)
Publication type:Monograph/Edited Volume
Language:English
Publication year:1999
Publishing institution:Universität Potsdam
Release date:2011/05/02
RVK - Regensburg classification:QL 000
Organizational units:Wirtschafts- und Sozialwissenschaftliche Fakultät / Wirtschaftswissenschaften
DDC classification:3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft
License (German):License LogoKeine öffentliche Lizenz: Unter Urheberrechtsschutz
External remark:JEL-Klassification: J23 , J21, J31 , P2 , P3
Zugleich gedruckt erschienen:
Christev, Atanas; FitzRoy, Felix: Employment and wages in transition : panel evidence from Poland / Atanas Christev, Felix FitzRoy. - Potsdam : Univ., 1999
(Finanzwissenschaftliche Diskussionsbeiträge / Specials series: Industrial and social policies in countries in transition ; Nr. 19)
ISSN 0948-7549
Accept ✔
This website uses technically necessary session cookies. By continuing to use the website, you agree to this. You can find our privacy policy here.