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Worsening of trade terms will cause salary inequality increase in Russia


Georgiy Idrisov, Boris Taganov
(about the authors)

Idrisov Georgiy I. – Candidate of Science, Economics, Head of the Laboratory (The Russian Presidential Academy of National Economy and Public Administration, Moscow)

Taganov Boris V. – Researcher (The Russian Presidential Academy of National Economy and Public Administration, Moscow)

Published in:
Russian Journal of Entrepreneurship
– Volume 16, Number 22 (November, 2015)



Keywords: inequality, salaries, trade terms


Citation:
Georgiy Idrisov, Boris Taganov (2015). Worsening of trade terms will cause salary inequality increase in Russia. Russian Journal of Entrepreneurship, 16(22), 4127-4134. doi: 10.18334/rp.16.22.2118


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Abstract:

This authors analyze the impact of trade terms on the Russian citizens’ salary level in the 2000s. It has been shown that the improvement of trade terms during the period from the early to mid-2000s has led to a significant increase in salaries and greater salary inequality. Considering the current economic situation, the authors draw a conclusion that, despite the worsening of trade terms in 2014-2015, salary inequality will continue to increase due to the asymmetrical influence of the trade terms.







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