This paper develops a search and matching model of equilibrium unemployment, with on-the-job search, extended to both the informal sector and entrepreneurship. Three are the key features of this model: the entrepreneurial ability affects job productivity, all unemployed start their job search in...

This paper considers the influence of alcohol consumption on employment and income of workers on the Russian labor market Econometric model used in the analysis consists of system of the simultaneous equations Such problem definition gives the chance for the accounting for possible endogenously...

The paper evaluates short-term implications of pension reforms made in 2010, and long-term scenarios of pension system development. We find that if size of pension transfer is fixed, prolonged fall of the replacement rate is expected, which makes situation politically unsustainable. Keeping flat...

The article is devoted to one of the key institutional traps of the economy in transition. Namely to dominated since the Soviet period system of low wages linked inseparably with the configuration of the social sphere. The author considers the construction as before puts obstacles in the way of...

По прошествии почти двух десятилетий переходного периода регион ЦВЕ/СНГ по-прежнему находится в состоянии перемен. После продолжительного периода устойчивого...