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Insider Privatization and Careers - A Study of a Russian Firm in Transition / Guido Friebel, Elena Panova.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Friebel, Guido.
Contributor:
National Bureau of Economic Research.
Panova, Elena.
Series:
Working Paper Series (National Bureau of Economic Research) no. w12998.
NBER working paper series no. w12998
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2007.
Summary:
We study how transition has affected human resource policies of a Russian heavy industry firm. Our data set contains personnel files of 1538 white-collar workers over 17 years: from 1984 to 2000. We find career paths before the first year of Gaidar's reforms, 1992, when Russian transition to a market economy began. After 1992, promotions are blocked, because both (i) more managers are hired from the outside, and (ii) fewer managers leave the firm. A possible reason is an extremely weak outsider property rights enforcement in Russia. Keywords: institutional environment and internal labor market, transition to a market economy.
Notes:
Print version record
March 2007.

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