Christev, Atanas; FitzRoy, Felix - Lehrstuhl für Finanzwissenschaft, Wirtschafts- und … - 1999
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...