How Much Unemployment is Needed for Restructuring? The Russian Experience (1995)

A. Richter

Chapter 26 in Tackling Inequality, 1999, pp 468-493 from Palgrave Macmillan

Abstract: Abstract Transferring labour from old to new jobs is a major problem in any country; in a post-communist country it is even more difficult. There are clearly two ways through which it can be done – the ‘pull’ route involving direct moves from old to new jobs, and the ‘push’ route, where displaced workers first enter the pool of unemployment before being hired into new activities. The two routes are illustrated in Figure 26.1.

Keywords: Labour Market; Minimum Wage; Real Wage; Economic Transition; Unemployment Benefit (search for similar items in EconPapers)
Date: 1999
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DOI: 10.1057/9780230375284_26

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