Informal Employment: Money, but Not Happiness
Employees without a formal contract are less happy than those fully protected by the Labour Code, suggests the report by Ludmilla Leonova 'Empirical Models for the Correlation Between Unregistered Employment and Life Satisfaction'.
One-Third of Russians Prefer Informal Employment
The informal labour market is growing in Russia. An increasing number of people are moving to the informal economy because they do not trust government institutions and do not receive the public benefits they are entitled to as taxpayers. 'Shadowed from Regulation: Informality in the Russian Labor Markets, Its Dynamics, Extent, and Consequences' is a paper by Vladimir Gimpelson.