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,...

Russian abstract: Молодежь сравнительно благополучно пережила кризис 2020 г. Высокий уровень безработицы 15–24-летних в России (15,5% в 2019 г. по сравнению с 4,6% безработицы в...

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...