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In the end of 2012 the Russian economy entered a period of permanently declining growth rates. The paper provides a thorough analysis of the labor market performance under these new conditions. We explain why despite the economic stagnation its basic characteristics - labor force participation,...
Persistent link: https://www.econbiz.de/10010354553
To be competitive, firms have to maintain level and composition of workforce they consider optimal given utilized technology and expected output. The paper discusses what types of firms are unable to keep optimal employment, and why. Do firms still report excess of labor or do they face labor...
Persistent link: https://www.econbiz.de/10003436597
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The paper examines dynamics in demand and supply of skilled labor in the Russian economy over the transition period of 1990–2000-s. It shows that despite a huge inflow of workers with tertiary education demand for such workers grew in the Russian labor market even faster. This explains why...
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The paper examines a specific labor market model spontaneously evolved in the Russian economy under transition. Its main characteristic was that adjustment to various shocks in the labor market was brought about via fluctuations in working hours and real wages rather then via fluctuations in...
Persistent link: https://www.econbiz.de/10003929749
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This paper discusses the structural change in the Russian employment and explores whether the evolution of employment over 2000–2012 followed the scenario of progressive upgrading in job quality or brought about the polarization of jobs in terms of their quality. Jobs are defined here as...
Persistent link: https://www.econbiz.de/10011286419