2020 (17), №1

The Main Factors and Conditions of Cyclical Wage Fluctuations Formation: the Conceptual Bases Summary

DOI:

https://doi.org/10.31063/2073-6517/2020.17-1.21

For citation: 

Perekarenkova, Yu. A. (2020). The Main Factors and Conditions of Cyclical Wage Fluctuations Formation: the Conceptual Bases Summary. Zhurnal Economicheskoj Teorii [Russian Journal of Economic Theory], 17 (1), 245-250

Abstract:

The main purpose of the article is to review the main directions and results of research in the wage dynamics field with respect to macrocyclic fluctuations of the economic situation, presented in the domestic and foreign economic literature. Achievement of the set goal assumed the solution of the following main tasks: firstly, to study the existing basic conceptual provisions in the field of changes in wages in the current theory of economic cycles, secondly, identify a number of factors underlying the formation of cyclical wage fluctuations, thirdly, consider the main wages trends in the formation and manifestation of cyclical fluctuations, taking into account the characteristics of economic development (economic and historical conditions) particular period. The application of this approach in the study allowed us to consider the main trends in wages relative to the economic cycle main phases on the example of the Russian economy. The main methods used in the study: theoretical analysis and generalization of the main conceptual provisions in the field of cyclic fluctuations, statistical analysis of the main trends in the dynamics of the average level of wages relative to cyclic fluctuations in the Russian economy in the period 1990–2018s.

Yulia Aleksandrovna Perekarenkova — Research Associate, Institute of Economics and Industrial Engineering of the Siberian Branch of the Russian Academy of Sciences (Novosibirsk, Russian Federation; e-mail: perekarenkova@mail.ru).