Das IWH auf der Jahrestagung des Vereins für Socialpolitik 2019 "30 Jahre Mauerfall" - Demokratie und Marktwirtschaft
IWH-BROWN-BAG-PANEL "Ost-West-Produktivitätslücke: Ursachen und Folgen" ...
European Firms after the Crisis – New Insights from the 5th Vintage of the CompNet Firm-level-based Database ...
The Minimum Wage Effects on Skilled Crafts Sector in Saxony-Anhalt ...
Borrowers Under Water! Rare Disasters, Regional Banks, and Recovery Lending ...
Size of Training Firms and Cumulated Long-run Unemployment Exposure – The Role of Firms, Luck, and Ability in Young Workers’ Careers ...
IWH-CompNet Discussion Papers
IWH-CompNet Discussion Papers Die IWH-CompNet Discussion Papers beinhalten...
The Privatisation Activities of the Treuhandanstalt and the Transformation of the East German Corporate Landscape: A New Dataset for First Explorations
IWH Technical Reports,
Even nearly 30 years after the fall of the Berlin Wall, the privatisation and transformation of East Germany's business landscape is controversially discussed in the media and politics. The privatisation process led to enormous structural changes, which were associated with massive job losses. In particular, the stagnating regional development of East Germany is often blamed on the “long shadow” of the privatisation activities of the Treuhandanstalt (THA). From a scientific perspective, however, there are hardly any contributions dealing with the effects of privatisation activities. The IWH-Treuhand Privatisation Micro Database introduced in this technical report is novel as such that it provides comprehensive information on employment and turnover figures for formerly state-owned enterprises for the early 1990s.
Plant-level Employment Development before Collective Displacements: Comparing Mass Layoffs, Plant Closures and Bankruptcies
This article analyzes the development of employment levels and worker flows before bankruptcies, plant closure without bankruptcies and mass layoffs. Utilizing administrative plant-level data for Germany, we find no systematic employment reductions prior to mass layoffs, a strong and long-lasting reduction prior to closures, and a much shorter shadow of death preceding bankruptcies. Employment reductions in closing plants, in contrast to bankruptcies and mass layoffs, do not come along with increased worker flows. These patterns point to an intended and controlled shrinking strategy for closures without bankruptcy and to an unintended collapse for bankruptcies and mass layoffs.