Insider Privatization and Careers - a Study of a Russian Firm in Transition

27 Pages Posted: 6 Apr 2007 Last revised: 29 Oct 2014

See all articles by Guido Friebel

Guido Friebel

Goethe University Frankfurt; Centre for Economic Policy Research (CEPR); IZA Institute of Labor Economics

Elena Panova

University of Toulouse 1 - Toulouse School of Economics (TSE)

Date Written: March 2007

Abstract

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.

Suggested Citation

Friebel, Guido and Panova, Elena, Insider Privatization and Careers - a Study of a Russian Firm in Transition (March 2007). NBER Working Paper No. w12998, Available at SSRN: https://ssrn.com/abstract=977409

Guido Friebel (Contact Author)

Goethe University Frankfurt ( email )

Grüneburgplatz 1
Frankfurt am Main, 60323
Germany

Centre for Economic Policy Research (CEPR)

London
United Kingdom

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Elena Panova

University of Toulouse 1 - Toulouse School of Economics (TSE) ( email )

Place Anatole-France
Toulouse Cedex, F-31042
France

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