Maxim, Bouev; Vladimir, Matveenko; Ekaterina, Vostroknutova - EERC Research Network, Russia and CIS - 1998
The authors analyze the characteristics of recession, linking it with changes in economic agents' behavior after liberalization. They attach special importance to labor shifts between the "old" and the "new" sectors. Inter-sectoral shifts in Russia have been slowed down due to the practice of...