The Russian labor market: A statistical portrait on the crises background-Reference-Cited by-同舟云学术

The Russian labor market: A statistical portrait on the crises background

Published:2023-08-01 Issue:8 Volume: Page:5-37
ISSN:0042-8736
Container-title:Voprosy Ekonomiki
language:
Short-container-title:Vopr. èkon.

Author:

Kapeliushnikov R. I.¹^ORCID

Affiliation:

1. Primakov National Research Institute of World Economy and International Relations, RAS; HSE University

Abstract

The paper examines long-term trends in the evolution of the Russian labor market, as well as its short-term adjustments to negative economic shocks. The analysis covers a wide array of indicators, both quantitative and price ones. The results obtained show that the Russian labor market is in a process of restructuring. Labor force and employment are on long-term downward trends, unemployment has fallen to a record low, after a long period of stagnation, labor turnover has sharply intensified, and vacancies have reached an all-time high. At the same time, its algorithm of responding to negative shocks remained virtually unchanged. As before, short-term adjustments are brought about mainly through decline in wages and contraction of working hours, rather than through decrease in employment and increase in unemployment (“the Russian labor market model”).

Publisher

NP Voprosy Ekonomiki

Subject

Economics and Econometrics,Finance,General Economics, Econometrics and Finance,History

Reference11 articles.

1. Gimpelson V. E., Kapeliushnikov R. I., Ryzikova Z. A. (2012). The movement of jobs in the Russian economy: In search of “creative destruction”. Ekonomicheskaya Politika, No. 3, pp. 99—114. (In Russian).

2. Gimpelson V. E., Kapeliushnikov R. I. (2015). The Russian labor market model: Trial by recession. Journal of the New Economic Association, No. 2, pp. 249—254.

3. Kapeliushnikov R. I. (2002). The Russian labor market model: We are not like everybody else. In: R. I. Kapeliushnikov (ed.). What kind of labor market does the Russian economy need (prospects for reforming the system of labor relations). Moscow: OGI, pp. 11—34. (In Russian).

4. Kapeliushnikov R. I. (2009). The end of the Russian labor market model? Moscow: Liberal Mission Fund. (In Russian).

5. Kapeliushnikov R. (2014). Labor productivity versus labor compensation: Some simple arithmetic. Voprosy Ekonomiki, No. 3, pp. 36—61. (In Russian). https://doi.org/10.32609/0042-8736-2014-3-36-61

Cited by 6 articles. 订阅此论文施引文献订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献

1. Employment and Labor Productivity in Russia: Analysis and Forecasts;Studies on Russian Economic Development;2024-07-27

2. Expansion of vacant jobs in the Russian labor market: Dynamics, composition, triggers;Voprosy Ekonomiki;2024-07-08

3. Household Consumption in the Mirror of Input–Output Tables;Studies on Russian Economic Development;2024-05-28

4. Transformations of the Russian Labor Market: First and Second Waves;Humanities and Social Sciences. Bulletin of the Financial University;2024-05-21

5. UNEMPLOYMENT LEVEL AS A TRIGGER FOR THREATS TO THE NATIONAL SECURITY OF COUNTRIES (ОN THE EXAMPLE OF RUSSIA AND EUROPEAN COUNTRIES);Strategic decisions and risk management;2024-03-26