The effects of the informal sector on income of the poor in Russia
This paper clarifies the social and economic effects of employment in the informal sector on the poor in Russia in recent years. The article describes the extent to which the figures for informal sector at large and unofficial employment in particular vary in different estimates and the effect they have on the average labor income of the poor. The major impact of the research consists of the development of a universal method for the estimation of the scales of labor income of the poor in the informal sector. Using the latest available data from Russian Federal State Statistics Service, this indicator is calculated for the poor and than compared with average wages in the formal sector and the subsistence minimum (official poverty line). The study concludes that the informal sector is a factor of social stability in a postsocialist transition economy, which, however, cannot alleviate poverty.
The Article is devoted to the labor income regulation problem in Russian population. The research object includes labor social relations, the research subject includes labor activity, labor income, labor contract, labor forms and labor income regulation. The labor income role in a comprehensive contract in the labor market, including for modern forms of labor relations (such as freelance and services) was described in labor activity theoretical analysis from the new institutional economy positions. The Russian regulation practice of various wage systems was described with reasoning of the approach revision of state labor income regulation necessity. It is proposed to replace allocation of specific compensation systems types and minimum wage concept in favor of legal worker and the employer at modern work forms guarantees, in order to establish restrictions within the complex contract on payment of all possible work measurement units and their combinations.