The authors explain why in the Former Soviet Union (FSU) - especially Russia - unemployment has remained low and employment in state and privatized firms has remained high, while at the same time the informal or unofficial economy has grown swiftly. They trace this development to a combination of factors, including the control regime of state and privatized firms, the nature of worker compensation, and privatized firms, and the nature of subsidies...
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1996/06/30
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Documento de trabalho sobre pesquisa de políticas
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WPS1617
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1
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1
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2010/07/01
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Why is unemployment low in the former Soviet Union? : enterprises restructuring and the structure of compensation
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elasticity of output
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