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Present-Day Problems of Wage Remuneration in Russia

Author

Listed:
  • Eduard Sobolev
  • Al Campbell

Abstract

After the end of the Cold War, the number of books and articles written about Russia dropped greatly, with writing on its economy falling particularly sharply. How Russian workers perceive their wages relative to countries they compare themselves with is one important component of their contentment and perception of well-being, which play such important roles in determining a country’s political economy and economic development. This article draws on Russian statistical sources to add to the meager English-language empirical literature on Russian wages. Statically, it presents their level and inequality relative to the natural comparison countries. Dynamically, it presents their growth, and changes in inequality. The conclusion summarizes the seriously problematic situation of wages in Russia, and presents two political economic conclusions these empirical results suggest.

Suggested Citation

  • Eduard Sobolev & Al Campbell, 2020. "Present-Day Problems of Wage Remuneration in Russia," Review of Radical Political Economics, Union for Radical Political Economics, vol. 52(4), pages 673-683, December.
    • Handle: RePEc:sae:reorpe:v:52:y:2020:i:4:p:673-683
    DOI: 10.1177/0486613420939920
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    References listed on IDEAS

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    1. John S. Earle & Klara Z. Sabirianova, 2002. "How Late to Pay? Understanding Wage Arrears in Russia," Journal of Labor Economics, University of Chicago Press, vol. 20(3), pages 661-707, July.
    2. Lehmann, Hartmut & Wadsworth, Jonathan, 2001. "Wage Arrears and the Distribution of Earnings in Russia," IZA Discussion Papers 410, Institute of Labor Economics (IZA).
    3. Aristei, David & Perugini, Cristiano, 2012. "Inequality and reforms in transition countries," Economic Systems, Elsevier, vol. 36(1), pages 2-10.
    4. Newell, Andrew & Reilly, Barry, 1996. "The gender wage gap in Russia: Some empirical evidence," Labour Economics, Elsevier, vol. 3(3), pages 337-356, October.
    5. Philippe Aghion & Simon Commander, 1999. "On the dynamics of inequality in the transition," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 7(2), pages 275-298, July.
    6. Brainerd, Elizabeth, 2002. "Five Years after: The Impact of Mass Privatization on Wages in Russia, 1993-1998," Journal of Comparative Economics, Elsevier, vol. 30(1), pages 160-190, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Russia; wages; workers; working class;
    All these keywords.

    JEL classification:

    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • P29 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Other

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