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We take advantage of a natural experiment in the minimum wage setting in Russia to study the employment consequences of large hikes in the minimum wage. In September 2007, the Russian government raised the federal minimum wage from 1,100 to 2,300 Rubles and simultaneously gave the regions the...
Persistent link: https://www.econbiz.de/10011427802
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...
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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,...
Persistent link: https://www.econbiz.de/10010354553
This paper revisits labor market effects of the minimum wage by taking advantage of a unique institutional setting and rich data from Russia that cover 89 regions over 10 years, from 2001 to 2010. Our empirical analysis draws on the methodology introduced by Neumark and Wascher, in which labor...
Persistent link: https://www.econbiz.de/10010229926
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We take advantage of a natural experiment in the minimum wage setting in Russia to study the employment consequences of large hikes in the minimum wage. In September 2007, the Russian government raised the federal minimum wage from 1100 to 2300 Rubles and simultaneously gave the regions the...
Persistent link: https://www.econbiz.de/10011480950
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