More Shock than Therapy: Market Transition, Employment, and Income in Russia, 1991–19951

@article{Gerber1998MoreST,
  title={More Shock than Therapy: Market Transition, Employment, and Income in Russia, 1991–19951},
  author={T. Gerber and M. Hout},
  journal={American Journal of Sociology},
  year={1998},
  volume={104},
  pages={AJSv104p1 - 50}
}
  • T. Gerber, M. Hout
  • Published 1998
  • Economics
  • American Journal of Sociology
  • Sixteen predictions from market transition theory are assessed using survey data on employment, earnings, and income in Russia, during the first five years of market reform. Although the private sector has grown, self‐employment is still rare. Incomes are down, and unemployment is up. A distended income distribution reflects unprecedented income inequality. Distinctive features of late Soviet‐era stratification persist: low returns to education, a gender gap in earnings, and low earnings among… CONTINUE READING
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