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Age and Education in the Russian Labour Market Equation

Author

Listed:
  • Gimpelson, Vladimir

    (University of Wisconsin-Madison)

  • Kapeliushnikov, Rostislav

    (CLMS, Higher School of Economics, Moscow)

Abstract

This paper deals with age and educational dimensions of the labour supply in Russia and explores two time periods: from 2000 to 2015 (retrospective), and the next 15 years (prospective). For our analysis we exploit the micro-census (2015) data and all LFS waves covering the retrospective period. Combining demographic projections with expected employment rates and data on educational achievement we forecast the employment composition up to 2030. If recent past changes in both age and education have contributed to economic growth, their effect is likely to be negative in the next 15 years. These two dimensions are directly associated with such challenges as ageing and over-education of the labour force. Russia is not unique here, but it is more exposed to both dimensions than are many other countries due to its demographic and educational developments. The paper concludes with several tentative policies that could ease, although not cure, the problem.

Suggested Citation

  • Gimpelson, Vladimir & Kapeliushnikov, Rostislav, 2017. "Age and Education in the Russian Labour Market Equation," IZA Discussion Papers 11126, IZA Network @ LISER.
  • Handle: RePEc:iza:izadps:dp11126
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    References listed on IDEAS

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    3. David H. Autor & David Dorn, 2013. "The Growth of Low-Skill Service Jobs and the Polarization of the US Labor Market," American Economic Review, American Economic Association, vol. 103(5), pages 1553-1597, August.
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    5. Dougherty, Christopher, 2003. "Why is the rate of return to schooling higher for women than for men?," LSE Research Online Documents on Economics 20034, London School of Economics and Political Science, LSE Library.
    6. Flabbi, Luca & Paternostro, Stefano & Tiongson, Erwin R., 2008. "Returns to education in the economic transition: A systematic assessment using comparable data," Economics of Education Review, Elsevier, vol. 27(6), pages 724-740, December.
    7. McGuinness, Seamus & Pouliakas, Konstantinos & Redmond, Paul, 2017. "How Useful Is the Concept of Skills Mismatch?," IZA Discussion Papers 10786, IZA Network @ LISER.
    Full references (including those not matched with items on IDEAS)

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    Keywords

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    JEL classification:

    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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