Does More Unemployment Cause More Fear of Unemployment?
The paper discusses how the russian labor market has been evolving over two decades of the transition. it starts with tracing key labor market indicators such as employment, unemployment, labor force participation, working hours, and real wages. Their dynamics indicate that the labor market tends to operate in a non-conventional fashion and far from the patterns expected initially. The authors argue that the current russian labor market represents a peculiar model that is different from what is observed in the rest of europe outside of the cis. having established this, they look at the institutional foundations that make this unconventional performance possible and proceed with discussing political economy and welfare implications. The findings are compared with the experience of other post-socialist countries.
According to the common definition of unemployment, the unemployed are those who are not in paid employment or self-employment, are seeking work and are available for work. А job search model is estimated from a sample of the unemployed and from some extended samples of the jobless, obtained by loosening that definition gradually. Revealed similarities and differences constitute the result of the research.
In spite of a growing body of literature investigating the determinants of youth unemployment, studies at sub-national level are still scarce, especially for Russian regions. This article is an innovative attempt to analyse econometrically the key factors affecting the youth unemployment rate and the ratio between youth and total unemployment rates for 75 Russian regions in 2000–09. The existing literature on regional labour market performance and dynamics suggested the use of a large set of explanatory variables (with indicators of the level of economic development, the demographic situation and migration processes, and the export–import levels) in a GMM panel data analysis, taking into account both spatial correlation and endogeneity problems. Although we were searching for structural determinants, we also investigated the effect of the 2008–09 financial crisis. The econometric results, presented and discussed using several models, have key policy implications for both national and regional levels of government.
This article is dedicated to studying the condition and characteristics of Russian youths’ behavior in the labor market during economic crisis. The analysis is based on data from the Russia Longitudinal Monitoring Survey — Higher School of Economics (RLMS-HSE). It is revealed that the negative aftermath of the economic crisis, as well as expectations for the further decline of the economic situation, has undermined youths’ confidence in the labor market. They find themselves in an especially vulnerable position when enterprises shut down or in the case of job cuts. Opportunities for finding a job in the field of secondary employment have narrowed out, and there has been an increase in the amount of young people who are willing to work without signing an employment contract, who are ready to accept unfavorable working conditions. There is an acute sensation of incongruity between the demand for qualified workforce and those specialties which young people receive at higher educational facilities and secondary schools. The crisis has not only exacerbated many of the problems which young people face in the labor market, but it also has stimulated growth in the activity of young Russians when it comes to overcoming emerging troubles, not to mention it increased their interest in utilizing irregular means of material provision.
This paper examines the connection between people's notions of economical situation and their economic behavior. This issue is considered on the example of forming up the notions of unemployment and their influence on workers adaptation in the labor market. Using the data of RMEE for 1994-2000 years the authors show that at the beginning of this period the fear of unemployment was forming up exogenously in relation to the real situation in the labor market. Along with actual unemployment it was a meaningful factor of lowering pressure on real wages. With the reforms development social learning of popula118" № 4 (66) июль-август 2003 Мониторинг общественного мнения tion decreased the importance of fear as an autonomous of unemployment adaptation mechanism in the labor market. The main conclusions of the paper are confirmed by econometric calculations using both MNK-estimations for cross-sectional data for particular years and estimations of panel regressions with individual effects.
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.