The paper analyses the "race" between wages and labor productivity in the contemporary Russian economy. It continues … dynamics in labor productivity and labor compensation during the economic crises of 2008-2009 and subsequent years. Author … shows that conventional wisdom implying that in Russia wages persistently increase at much higher annual rates than …

We consider the concept of a wage curve describing a negative relationship between unemployment and wages. We suggest …

the Soviet period system of low wages linked inseparably with the configuration of the social sphere. The author considers … prevents form qualitative growth of labour productivity. …