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...

The paper provides a comprehensive assessment of quantitative and qualitative characteristics of human capital accumulated by the Russian economy. Using the cross-country perspective it investigates both educational attainment and quality of education of the Russian workforce. Labor market...