Attaching workers through in-kind payments : theory and evidence from Russia (English)

External shocks may cause a decline in the productivity of fixed capital in certain regions of an economy. Exogenous obstacles to migration make it hard for workers in those regions to reallocate to more prosperous regions. In addition, firms may devise 'attachment' strategies to keep workers from moving out of a local labor market. When workers are compensated in kind, they find it difficult to raise the cash needed for migration. This endogenous...

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Author

Friebel,Guido;

Guriev,Sergei M.;
Document Date
2005/05/01
Document Type
Journal Article
Report Number
77487
Volume No
1
Total Volume(s)
1
Country
Russian Federation,
Region
Europe and Central Asia,
Disclosure Date
2013/05/23
Disclosure Status
Disclosed
Doc Name
Attaching workers through in-kind payments : theory and evidence from Russia
Keywords
human capital

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Citation

Friebel,Guido; Guriev,Sergei M..

Attaching workers through in-kind payments : theory and evidence from Russia (English). Washington DC ; World Bank. http://documents.worldbank.org/curated/en/287631468107655148

Attaching workers through in-kind payments : theory and evidence from Russia (English)

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