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| Foley, Mark C.. |
| Following the dissolution of the Soviet Union in December 1991, Russia experienced a series of economic shocks, resulting in large decreases in output but limited change in employment. Using information contained in a nationally representative longitudinal survey of Russian citizens, this research analyzes the labor market behavior of individuals from 1992 to 1996 during the transition to a market economy. Under Markovian assumptions, the pattern of transitions between labor market states is identified. Results indicate that the state sector has declined, but that the emerging private sector has played a limited role in alleviating growing unemployment. The probability of losing a job increased 75 percent from 1992 to 1996 while the re-employment... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Labor market dynamics; Economic transition; Russia; Labor and Human Capital. |
| Ano: 1997 |
URL: http://purl.umn.edu/28534 |
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