In January–October 2017, households' real disposable cash income fell by 1.3% as compared to the relevant period of 2016. It is noteworthy that real accrued wages rose by 3.0%, while the real size of assigned pensions, by 3.9%. During the fi rst three quarters of 2017, Rb 6.4 trillion worth of...

If real wages continue to follow the ongoing trend, it would take three years for compensation of employees in the Russian economy to return to what it was prior to crisis. An analysis shows that wages have been hit hardest in state-financed sectors and in construction. In 2010–2014, wages...