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 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...