In this paper, we study the influence of the state-regulated minimum wage on informal employment in Russia. In order to estimate minimum wage effects we apply a methodology originally presented by D. Newmark and W. Washer (Neumark and Wascher (1992) "Employment Effects of Minimum Wages and...

The need to increase the flexibility and dynamics of their labor markets has made many European countries to proceed with institutional reforms. However, only few of them have decided on a radical transformation. Germany belongs to this club of reformers. In 2003, the German government...