evidence of rent sharing activities, however there is also asymmetry in quasi rent elasticity of wages. The wage setting …, wages in state firms are highly responsive to regional labour market conditions, while firms in other sectors are not. Rent …

effects, where unemployment modify the impact of availability of rents on wages. We interpret our results as an indication … indicator of reservation wage which is closest to the theoretical model specification and combines sectoral wages, unemployment … position of workers leads to higher ability to pay elasticity of wages, and lower outside option elasticity. Our results …

-2001. We investigate the impact of wages, output growth, investment, firm size and sectors upon employment, focusing on the … employment dynamics is not affected by alternative wages and therefore appears consistent with the ‘right to manage’ model …

related to the determinants of ownership structures and ownership changes after privatisation. A key focus is to determine … ownership; (iii) allocation of ownership depends on the pre-privatisation origin and location of the firm, and these factors …

hours worked across sectors. Evidence also indicates that newly privatized state enterprises pay higher wages than state … similar throughout the period. Higher wages in privatized firms likely reflects rent-sharing between workers and managers …