Russia's Regions : Income Volatility, Labor Mobility and Fiscal Policy

Income Volatility, Labor Mobility and Fiscal Policy

Russia's Regions : Income Volatility, Labor Mobility and Fiscal Policy
Russia's regions are heavily exposed to regional income shocks because of an uneven distribution of natural resources and a Soviet legacy of heavily skewed regional specialization. Also, Russia has a limited mobility of labor and lacks fiscal instruments to deal with regional shocks. We assess how these features influence the magnitude and... READ MORE...

Publication date: September 2005
ISBN 9781451862041
$15.00

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