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Erscheinungsjahr: 
2013
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 7800
Verlag: 
Institute for the Study of Labor (IZA), Bonn
Zusammenfassung: 
We exploit organizational reforms in a foreign-owned bank in Central-East Europe to study the implementation of modern HRM policies in an emerging market context. We have branch-level data and use our knowledge of the process that led to the adoption of the reforms to implement two estimators that address endogeneity bias in a complementary fashion: an IV approach and Generalized Propensity Score estimation. Our results show that some of the reforms had a positive impact on productivity, but they also underscore the risks of quantity-based incentives where quality is important.
Schlagwörter: 
insider econometrics
endogeneity of HRM policies
incentives
foreign ownership
banking
Central and Eastern Europe
JEL: 
F23
G21
M52
Dokumentart: 
Working Paper

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