Возраст и заработная плата: стилизованные факты и российские особенности
The study considers the evolution of wages of Russian workers over their life cycle. There
is a large stock of evidence for developed countries that wages grow over age monotonically
though with diminishing rate. Wage declines, if they take place, occur late in working life and
are not large in magnitude. This shape of the profile is considered a stylized fact and has got explanation
in a few influential economic theories, among which the human capital theory plays a
leading role. However, recent studies exploiting data from less developed countries challenge
universality of the monotonically rising shape. Some empirical evidence from Russia also raise
doubts that this pattern is universal for all.
This study uses various data sets for 2005–2015 to explore wage growth over age in Russia.
All data sources suggest that the Russian age-wage profile looks «substandard». Wage stops
growing by age 40 and starts declining fast after. The paper considers age-related changes in
various components of the human capital. Among them are the level of formal education, incidence
and intensity of participation in post-school training programs, development of cognitive
and non-cognitive skills, the utilization of acquired occupational skills in everyday work. None
of these components shows a monotonic rise that could contribute to shaping the age-wage
profile as more «standard». Of course, deviation of the observed shape from the expected one
can be driven by cohort differences, not by age ones. Though a robust separation of age, cohort
and period effects deserves a special scrutiny, the evidence presented in the paper suggests
that the age effect is likely to persist.
The paper aims to investigate the process of establishing distribution network. The paper takes network paradigm as a main basis of investigation looking at the development of distribution networks in Russian chemical industry.
In this paper the public-private wage gap is estimated by means both of the OLS and the quantile regression, which will provide a more complex picture of the distribution of the public-private sector wage gap. The author finds the existence of significant public-private wage gap (about 30%) considering both observable and unobservable characteristics of workers and jobs. Using the decomposition based on quantile regression helps to answer the question about the nature of the wage differences. The author comes to the conclusion that the main reason for the gap is the institutional mechanisms of public sector wages in Russia. The analysis is based on the data from Russian Longitudinal Monitoring Survey (RLMS-HSE) 2000-2010.
Smoking is a problem, bringing signifi cant social and economic costs to Russiansociety. However, ratifi cation of the World health organization Framework conventionon tobacco control makes it possible to improve Russian legislation accordingto the international standards. So, I describe some measures that should be taken bythe Russian authorities in the nearest future, and I examine their effi ciency. By studyingthe international evidence I analyze the impact of the smoke-free areas, advertisementand sponsorship bans, tax increases, etc. on the prevalence of smoking, cigaretteconsumption and some other indicators. I also investigate the obstacles confrontingthe Russian authorities when they introduce new policy measures and the public attitudetowards these measures. I conclude that there is a number of easy-to-implementanti-smoking activities that need no fi nancial resources but only a political will.
One of the most important indicators of company's success is the increase of its value. The article investigates traditional methods of company's value assessment and the evidence that the application of these methods is incorrect in the new stage of economy. So it is necessary to create a new method of valuation based on the new main sources of company's success that is its intellectual capital.