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The efficiency of the labour market critically depends on the design of its institutions with employment protection legislation (EPL) playing a special role here. However, since formal laws can be observed or ignored to varying degrees, the actual enforcement regime shapes incentives and...
Persistent link: https://www.econbiz.de/10008549322
In order to remain competitive, firms need to keep the quantity and composition of jobs close to the optimal for their given output. Since the beginning of the transition period, Russian industrial firms have been widely reporting that the quantity and composition of hired labor is far from...
Persistent link: https://www.econbiz.de/10005071135
Persistent link: https://www.econbiz.de/10009276866
The efficiency of the labor market critically depends on the design of its institutions, including employment protection legislation. However, since formal laws can be observed to varying degrees, the actual enforcement regime shapes incentives and constraints. Most of the studies exploring the...
Persistent link: https://www.econbiz.de/10008738824
Unlike most other transition economies in Europe, in Russia correlation between employment dynamics and GDP dynamics has been weak, contributing to a relatively low rate of unemployment. This article seeks to explain this phenomenon by investigating a combination of inefficient enforcement of...
Persistent link: https://www.econbiz.de/10010605361
This paper looks behind the standard, publicly available labor force statistics relied upon in most studies of transition economy labor markets. We analyse microdata on detailed labor force survey (LFS) responses in Russia, Romania, and Estonia to measure nonstandard, boundary forms and...
Persistent link: https://www.econbiz.de/10005149417