WAGE POLICIES OF A RUSSIAN FIRM AND THE FINANCIAL CRISIS OF 1998: EVIDENCE FROM PERSONNEL DATA, 1997 TO 2002
The authors use a rich personnel data set from a Russian firm for the years 1997 to 2002 to analyze how the firm adjusts wages and employment during this period in which local labor market conditions changed in the aftermath of the financial crisis in 1998. They relate the development of turnover an...
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| Veröffentlicht in: | Industrial & labor relations review 2014-04, Vol.67 (2), p.504-531 |
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| container_title | Industrial & labor relations review |
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| creator | DOHMEN, THOMAS LEHMANN, HARTMUT F. SCHAFFER, MARK E. |
| description | The authors use a rich personnel data set from a Russian firm for the years 1997 to 2002 to analyze how the firm adjusts wages and employment during this period in which local labor market conditions changed in the aftermath of the financial crisis in 1998. They relate the development of turnover and wages for various employment categories to alternative models of wage and employment determination. The authors argue that the firm's behavior is consistent with the predictions of efficiency wage models of the shirking and turnover type. |
| doi_str_mv | 10.1177/001979391406700209 |
| format | Article |
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| identifier | ISSN: 0019-7939 |
| ispartof | Industrial & labor relations review, 2014-04, Vol.67 (2), p.504-531 |
| issn | 0019-7939 2162-271X |
| language | eng |
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| source | SAGE Complete A-Z List; Jstor Complete Legacy; HeinOnline Law Journal Library; Business Source Complete; Sociological Abstracts |
| subjects | Analysis Economic crises Economic crisis Efficiency wages Employees Employment Labor market Labor markets Labor relations Labour market Labour relations Local labor markets Men Organizational behavior Organizational behaviour Production workers Real wages Russia Studies Wages Wages & salaries |
| title | WAGE POLICIES OF A RUSSIAN FIRM AND THE FINANCIAL CRISIS OF 1998: EVIDENCE FROM PERSONNEL DATA, 1997 TO 2002 |
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