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Working paper

Спрос на труд и квалификацию в промышленности: между дефицитом и избытком

To be competitive, firms have to maintain level and composition of workforce they consider optimal given utilized technology and expected output. The paper discusses what types of firms are unable to keep optimal employment, and why. Do firms still report excess of labor or do they face labor shortage? What is the skill dimension for reported shortage and excess? Which factors raise probability of non-optimal employment and create adjustment barriers? Where are shortage or excess concentrated and what can explain their persistence? Finally, what are costs and ways to deal with non-optimal employment that firms are facing? The presented analysis is based on micro-data of the large-scale survey (2005) of Russian industrial firms.