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Young and Older Workers in the Russian Labor Market: Are They Competitors?

Author

Listed:
  • Lyashok, V.

    (Institute for Social Analysis and Prediction, Russian Presidential Academy of National Economy and Public Administration, Moscow, Russia
    National Research University Higher School of Economics, Moscow, Russia)

  • Roshchin, S.

    (National Research University Higher School of Economics, Moscow, Russia)

Abstract

This article explores possible competition between the young and older workers in Russia. For the last 15 years, the employment level of 60-64 year old people rose while the employment level of 20-24 year old people fell and their unemployment was near constant. In the article, we show that this trends were independent. First, because of the peculiar properties of supply and demand of young and older people's labor force, direct competition between two groups is limited. By the supply side young and older workers have significant differences in qualifications they have. By the demand side even though their wages are almost equal, workplaces they occupy are also different if we compare them with the jobs occupied by 30-49 year old workers. Second, we used regional characteristics of the labor market and showed that there is no effect of the one of the groups' employment on the employment and unemployment of the other group. Therefore, the young and the older workers are not competitors on Russian labor market. On the contrary specialization of each group on their own professions and sectors creates the possibility for interaction in Russia. That is why we can expect position of young people in labor market wouldn't change after rising of pension age in Russia.

Suggested Citation

  • Lyashok, V. & Roshchin, S., 2017. "Young and Older Workers in the Russian Labor Market: Are They Competitors?," Journal of the New Economic Association, New Economic Association, vol. 33(1), pages 117-140.
    • Handle: RePEc:nea:journl:y:2017:i:33:p:117-140
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    References listed on IDEAS

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    Cited by:

    1. Valery P. Chichkanov & Elena V. Chistova & Alexander N. Tyrsin & Anatoly N. Stepanov, 2019. "Consequences of Raising The Retirement Age for the Labor Market in the Regions of Russia," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 15(1), pages 31-45.
    2. Nivorozhkina L.I. & Abazieva K.G. & Dolbina S.V., 2019. "Impact of Contemporary Pension Reforms on Households’ Welfare," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 2), pages 258-269.
    3. Гильтман М. А. & Антосик Л. В. & Токарева О. Е. & Обухович Н. В., 2021. "Повышение Пенсионного Возраста В России: Итоги 2019 Г. Пример Тюменской Области," Вопросы государственного и муниципального управления // Public administration issues, НИУ ВШЭ, issue 2, pages 154-182.
    4. Vyacheslav VOLCHIK & Elena MASLYUKOVA & Wadim STRIELKOWSKI, 2021. "Youth Labour Market Precarization In Regional And Urban Centres," Theoretical and Empirical Researches in Urban Management, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 16(4), pages 5-19, November.
    5. V. A. Gurtov & E. A. Pitukhin, 2020. "The Impact of Pension Reform on the Forecasted Employed Population in the Regions of the Arctic and the Far East," Studies on Russian Economic Development, Springer, vol. 31(4), pages 411-420, July.

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    More about this item

    Keywords

    labor market; competition on labor market; employment rate; regional labor markets; pension reformJournal: Journal of the New Economic Association;
    All these keywords.

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination

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