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

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 labo...

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Bibliographic Details
Main Authors: Evsey Gurvich, Elena Vakulenko
Format: Article
Language:English
Published: Voprosy Ekonomiki 2017-12-01
Series:Russian Journal of Economics
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2405473917300612