CitationGrosfeld, Irena; Senik-Leygonie, Claudia; Verdier, Thierry; Kolenikov, Stanislav; & Paltseva, Elena (1999). Le marché du travail russe: entre inertie et flexibilité. Revue d’études comparatives Est-Ouest, 30(2-3), 123-152.
AbstractThe puzzling coexistence of inertia and flexibility in the Russian labor market are explained using a segmentation model. By placing uncertainty at the center of decision-making by both firms and employees, this article shows that workers, all of whom are risk averse, may adopt behaviors differentiated according to their productivity. Some of them, with favorable job prospects, become mobile and enter into contracts whereby their pay varies depending on their productivity.
Reference TypeJournal Article
Journal TitleRevue d’études comparatives Est-Ouest