Labor Market Adjustment: Is Russia Different?

Vladimir Gimpelson and Rostislav Kapeliushnikov ()

No 5588, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: The paper discusses how the Russian labor market has been evolving over two decades of the transition. It starts with tracing key labor market indicators such as employment, unemployment, labor force participation, working hours, and real wages. Their dynamics indicate that the labor market tends to operate in a non-conventional fashion and far from the patterns expected initially. The authors argue that the current Russian labor market represents a peculiar model that is different from what is observed in the rest of Europe outside of the CIS. Having established this, they look at the institutional foundations that make this unconventional performance possible and proceed with discussing political economy and welfare implications. The findings are compared with the experience of other post-socialist countries.

Keywords: wages; unemployment; employment; labor market institutions; Russia (search for similar items in EconPapers)
JEL-codes: J21 J31 J62 J8 P20 (search for similar items in EconPapers)
Pages: 39 pages
Date: 2011-03
New Economics Papers: this item is included in nep-cis, nep-lab and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (42)

Published - published in: The Oxford Handbook of the Russian Economy, Oxford, OUP, 2013

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Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp5588

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