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Working paper

Экономическое положение молодёжи на российском рынке труда в терминах заработной платы

This paper considers youth economic status in the Russian labor market in terms of wages. Using the data from RLMS HSE (2000–2013) we analyze the real wages of young workers and compare with wages of adult workers. We analyzed the dynamics of adult-young wage gap, including wage gap by education, industry, occupational group and gender. The analysis also includes separate estimation of Mincer wage equation for adult and young workers. We found out a significant improvement of youth economic status in terms of wages: adult-young wage gap decreases by 13%, earnings of youth and adult workers equals, youth wages grew faster than wages of older cohorts. Nevertheless, adult-young wage gap for educated and qualified workers remains. Adult workers earn higher wages on the workplaces that require tenure (education, public sector), as well as on the high skilled jobs that require tenure and higher education. For low-skilled jobs on the contrary there is no return to tenure and young worker earnings are higher.