Russian real wages before and after 1917

Robert (Bob) Allen, Ekaterina Khaustova

    Research output: Contribution to journalArticle

    Abstract

    The paper measures real wages in St Petersburg, Moscow, and Kursk over 1853-1937. Workers in construction and large scale industry are studied. For the imperial period and the NEP, new series of prices are collected from archival and printed sources, and these radically revise previous measures of inflation. Russian living standards grew little between 1853 and 1913, but doubled between 1913 and 1928 due to the exchange rate, price, and employment policies followed by the regime. Real wages dropped to their pre-War level between 1928 and 1937, as the social surplus was mobilized for the industrialization drive.

    Original languageEnglish (US)
    JournalExplorations in Economic History
    DOIs
    StateAccepted/In press - Jan 1 2018

    Fingerprint

    Real wages
    Real Wages
    Moscow
    Industry
    Industrialization
    Price policy
    Employment policy
    Standard of living
    Surplus
    Exchange rate policy
    Inflation
    Workers
    Standard of Living
    Exchange Rates

    ASJC Scopus subject areas

    • History
    • Economics and Econometrics

    Cite this

    Russian real wages before and after 1917. / Allen, Robert (Bob); Khaustova, Ekaterina.

    In: Explorations in Economic History, 01.01.2018.

    Research output: Contribution to journalArticle

    Allen, Robert (Bob) ; Khaustova, Ekaterina. / Russian real wages before and after 1917. In: Explorations in Economic History. 2018.
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