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Elusive Development

A blog about development challenges in the developing world

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Tag: wage-productivity gap

“Getting More Than They Earned”? Reflections on Safronov’s Great Soviet Economy
  • Dmitry Pozhidaev
  • July 10, 2025July 11, 2025

“Getting More Than They Earned”? Reflections on Safronov’s Great Soviet Economy

In my most recent project on Serbia’s Productivity and Wage Dynamics, I analyzed the long-term relationship between real wages and labor productivity, demonstrating that despite periods of wage g

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