Туннельный и сравнительный эффекты в экономике счастья
The modernization of Russian society and the transition to a market economy has changed the nature of the problems of social development and employment in different regions of Russia. Regional differences are generated by various factors. Some of these are the result of economic activity, including the free market and free competition. Others are tied in with a series of cultural and ethnic problems, such as some groups being drawn more towards a European culture, while others are drawn to the Asiatic culture. This may help or hinder the regions ability to cope with the modernization of Russia. This is a presentation of the results of a study on work and welfare in Russia, that began in December 1994. The study covers many topics such as poverty, employment or lack of, education, gender, and food consumption, in three areas of Russia: Moscow, St Petersburg and Voronezh.
This paper is devoted to the rational behavior in the sense of the educational level choice. The theoretical model is based on the discounted flow of personal’s utility function covered the period of the education and future work. Maximizing the flow under the budget constraint we received differential equation included the rate of income grow after the acquisition of education. The solution is the Mincerian type equation. The main result of the model is that the persons with rapid growth of their earnings profile should have the smaller slope coefficients of schooling in the earnings equation. The empirical part of the research is based on the Russian Longitudinal Monitoring Survey (RLMS) data set. The theoretical results have been confirmed by the regression analysis. Splitting the RLMS sample according to the respondents’ wage profiles we received that highly educated agents unlike the unskilled workers have higher income but slighter slope earnings profiles. It means that the workers expected the high growth of their incomes after the schooling are less inclined to receive higher level of education. Otherwise the persons who expected high income on the job start justify their hopes, but come across the low growth of the incomes.