We investigate the link between perceptions and behavior using the wage arrears phenomenon in Russia as our case study. To measure perception, we utilize assessments of ‘marketability’ -- what we call perceived demand. For behavior, we first consider the behavior of managers in the...

Labor market conditions deteriorated substantially in the1990s during Russia’s transition from plan to market, generating pervasive and prolonged economic insecurity. Our objective is to document perceptions of job insecurity among Russian workers over the course of the transition period and...