Wages: Sector-Specific Variations

Monitoring of Russia's Economic Outlook. Moscow. 2017. No. 21, pp. 20-23

4 Pages Posted: 22 Dec 2017

See all articles by Victor Lyashok

Victor Lyashok

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Social Analysis and Forecasting

Date Written: December 19, 2017

Abstract

If real wages continue to follow the ongoing trend, it would take three years for compensation of employees in the Russian economy to return to what it was prior to crisis. An analysis shows that wages have been hit hardest in state-financed sectors and in construction. In 2010–2014, wages rose considerably in education and healthcare. In 2017, wages in those sectors have turned out to be a tad higher than in 2010.

Keywords: Russian economy, wages

JEL Classification: M52

Suggested Citation

Lyashok, Victor, Wages: Sector-Specific Variations (December 19, 2017). Monitoring of Russia's Economic Outlook. Moscow. 2017. No. 21, pp. 20-23. Available at SSRN: https://ssrn.com/abstract=3090350 or http://dx.doi.org/10.2139/ssrn.3090350

Victor Lyashok (Contact Author)

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Social Analysis and Forecasting ( email )

Prechistenskaya naberezhnaya 11
Moscow, Moscow 119034
Russia

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