Labor Hoarding In Russia: Where Does It Come From?
AbstractThe paper focuses on the labor "hoarding" problem in Russian. We studied two forms of "hoarding": unpaid leaves and short-time work. Our research is based on the Russian Longitudinal Monitoring Survey (RLMS) database. The paper exploits individual panel data between 1994 and 1996. We show that unpaid leaves and short-time work do not represent a form of hidden unemployment. Both types of labor "hoarding" reflect the nature of employees' professional competencies. First, unpaid leaves concern primarily the employees with firm-specific knowledge, while short-time work affects strongly unskilled workers. Second, external mobility is mostly related to young people and unskilled blue-collar workers while employees with specific competencies do not change jobs so much. The paper insists on significant internal adjustments which are taking place through unpaid leaves and short-time work. This explains why there has been no massive unemployment in Russia until now. In conclusion, Russian labor market is characterized rather by internal flexibility than by labor "hoarding".
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Date of creation: 08 Aug 2000
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Publication status: Published - Presented, Econometric Society world congress, 2000, Seattle, United States
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labor market; internal adjustments; flexibility; Russia; skills.;
Other versions of this item:
- Rouslan Koumakhov & Boris Najman, 2001. "Labor Hoarding in Russia: Where Does it Come From?," William Davidson Institute Working Papers Series 394, William Davidson Institute at the University of Michigan.
- Koumakhov, R. & Najman, B., 1999. "Labor Hoarding in Russia: Where Does it Come From ?," DELTA Working Papers 1999-23, DELTA (Ecole normale supérieure).
- Rouslan Koumakhov & Boris Najman, 2000. "Labor Hoarding in Russia: Where Does it Come From?," Econometric Society World Congress 2000 Contributed Papers 0688, Econometric Society.
- J2 - Labor and Demographic Economics - - Demand and Supply of Labor
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
- P23 - Economic Systems - - Socialist Systems and Transition Economies - - - Factor and Product Markets; Industry Studies; Population
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