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The transition from a command economy in the FSU resulted in increasedactivities in the informal sector. However despite prevalent delays in wagepayments many workers were still observed to be working full-time in theformal sector. Here a model of workers' labour supply decisions...
Persistent link: https://www.econbiz.de/10009354056
In the Former Soviet Union, the early 1990s were characterized by largefalls in GDP and small changes to already low unemployment. The slowadjustment to unemployment was a result of employers using variousmeans to maintain employment levels, including; extended periods ofunpaid leave, reduced...
Persistent link: https://www.econbiz.de/10009354059