Boosting Productivity in Russia Skills, Education and Innovation /

The labour market in Russia is very flexible. Firms adjust to economic shocks through wage cuts, working hour reductions and minimisation of non-wage labour costs. Workers react by changing jobs. This results in a high and stable overall employment rate, but also high wage inequality, informality an...

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Bibliographic Details
Main Author: Demmou, Lilas
Other Authors: Wörgötter, Andreas
Format: Electronic Book Chapter
Language:English
Published: Paris : OECD Publishing, 2015
Series:OECD Economics Department Working Papers, no.1189
Subjects:

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Stanford University

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