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This paper provides an assessment of how households’ income has fared compared with GDP. While the prime focus is on incomes around the median, attention is paid also to the bottom of the income distribution. Thus, one contribution of the paper is to deliver a fresh assessment of the evolution...
Persistent link: https://www.econbiz.de/10010374412
The North Korean economy has been a statistical black hole for decades but is undergoing substantial transformations. Rapid post-war industrialisation was not sustained beyond the mid-1960s and South Korea’s economy far outpaced North Korea’s during the next three decades, during which trend...
Persistent link: https://www.econbiz.de/10012203362
The labour market in Russia is very flexible. Firms adjust to economic shocks through wage cuts, working hour … persist. Private spending on innovation is very low and Russia underperforms in terms of scientific outputs and patents …
Persistent link: https://www.econbiz.de/10011392839
This paper takes stock of informal employment in Russia analysing its incidence and determinants. Using the regular … segmentation in Russia when estimating an informal-formal wage gap for salaried workers at the mean. The results of quantile … upper rationed tier. This Working Paper relates to the 2014 OECD Economic Survey of the Russian Federation (www.oecd.org/eco/surveys/russia). …
Persistent link: https://www.econbiz.de/10010231000
Urbanisation in China has long been held back by various restrictions on land and internal migration but has taken off since the 1990s, as these impediments started to be gradually relaxed. People have moved in large numbers to richer cities, where productivity is higher and has increased...
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