Economic freedom, its manifestation and the role in the labour market

Mazin A.L.1
1 Нижегородский институт управления – филиал Российской академии народного хозяйства и государственной службы при Президенте Российской Федерации, Russia

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Journal paper

Russian Journal of Labour Economics (РИНЦ, ВАК)
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Volume 6, Number 1 (January-March 2019)

Citation:

Mazin, A. L. (2019). Economic freedom, its manifestation and the role in the labour market. Russian Journal of Labour Economics, 6(1), 23-38. https://doi.org/10.18334/et.6.1.39739

Indexed in Russian Science Citation Index: https://elibrary.ru/item.asp?id=37307833
Cited: 7 by 07.12.2023

Abstract:
Economic freedom – the right and ability of a person to improve their life by their own actions and efforts. In a broad sense, is the freedom of professional, consumer, property, financial choice; in the narrow sense of the word – the freedom of entrepreneurship. Economic freedom of the subjects of the labour market is the ability to make decisions, implement their short-term and long-term economic interests. The article analyzes some of the key decisions in the labour market, employees and employers. In Russia, the level of economic freedom needs to improve, including for subjects of the labour market.

Keywords: labor market, employment, employee, choice, employer, profession, economic freedom

JEL-classification: J23, J21, J29

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