Macroeconomic and structural properties of the Russian labor market: A cross-country comparison

Gurvich, Evsey; Vakulenko, Elena

[journal article]

dc.contributor.author	Gurvich, Evsey	de
dc.contributor.author	Vakulenko, Elena	de
dc.date.accessioned	2024-08-06T15:33:39Z
dc.date.available	2024-08-06T15:33:39Z
dc.date.issued	2017	de
dc.identifier.issn	2618-7213	de
dc.identifier.uri	https://www.ssoar.info/ssoar/handle/document/95748
dc.description.abstract	We suggest a new way to identify salient features of the Russian labor market. Parameters of basic macroeconomic models pertinent to the Russian labor market are compared to a sample of other countries. We find that estimated values of Okun's coefficient and the elasticity of real wages to labor productivity in Russia are typical for emerging markets. What really distinguishes the labor market is that the elasticity of real wages relative to unemployment in Russia is very high by international standards. The overall conclusion is that the Russian labor market can be characterized by a combination of serious structural problems (such as low employee mobility, the significant size of the shadow sector, etc.) and solid macroeconomic performance, verified by the persistently low rate of unemployment in recent years.	de
dc.language	en	de
dc.subject.ddc	Wirtschaft	de
dc.subject.ddc	Economics	en
dc.subject.other	Russian labor market; cross-country comparative analysis; macroeconomic models	de
dc.title	Macroeconomic and structural properties of the Russian labor market: A cross-country comparison	de
dc.description.review	begutachtet	de
dc.description.review	reviewed	en
dc.source.journal	Russian Journal of Economics
dc.source.volume	3	de
dc.publisher.country	RUS	de
dc.source.issue	4	de
dc.subject.classoz	Arbeitsmarktforschung	de
dc.subject.classoz	Labor Market Research	en
dc.subject.thesoz	Migration	de
dc.subject.thesoz	migration	en
dc.subject.thesoz	Russland	de
dc.subject.thesoz	Russia	en
dc.subject.thesoz	Arbeitsmarkt	de
dc.subject.thesoz	labor market	en
dc.rights.licence	Creative Commons - Namensnennung, Nicht kommerz., Keine Bearbeitung 4.0	de
dc.rights.licence	Creative Commons - Attribution-Noncommercial-No Derivative Works 4.0	en
internal.status	formal und inhaltlich fertig erschlossen	de
internal.identifier.thesoz	10034515
internal.identifier.thesoz	10057012
internal.identifier.thesoz	10036392
dc.type.stock	article	de
dc.type.document	Zeitschriftenartikel	de
dc.type.document	journal article	en
dc.source.pageinfo	411-424	de
internal.identifier.classoz	20101
internal.identifier.journal	1465
internal.identifier.document	32
internal.identifier.ddc	330
dc.identifier.doi	https://doi.org/10.1016/j.ruje.2017.12.006	de
dc.description.pubstatus	Veröffentlichungsversion	de
dc.description.pubstatus	Published Version	en
internal.identifier.licence	20
internal.identifier.pubstatus	1
internal.identifier.review	2
dc.subject.classhort	10900	de
internal.pdf.valid	false
internal.pdf.wellformed	true
internal.pdf.encrypted	false
ssoar.urn.registration	false	de

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Arbeitsmarktforschung
Labor Market Research

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