Paradoxes of reservation wage setting in the Russian labor market. Part I

2016 ◽  
pp. 5-27
Author(s):  
R. Kapeliushnikov ◽  
A. Lukyanova
Keyword(s):  
Labor Market ◽  
Empirical Studies ◽  
Reservation Wage ◽  
Wage Setting ◽  
Reservation Wages ◽  
Monitoring Survey ◽  
Main Determinants ◽  
Subjective Estimates ◽  
Objective Indicators

Using panel data from the Russian Longitudinal Monitoring Survey for 2006-2014, the paper investigates reservation wages setting in the Russian labor market. The sample includes non-employed individuals wishing to get a job (both searchers and non-searchers). The first part of the paper provides a survey of previous empirical studies, describes data and analyzes subjective estimates of reservation wages in comparison with various objective indicators of actual wages. The analysis shows that wage aspirations of the majority of Russian non-employed individuals are overstated. However their wage expectations are rather flexible and decrease rapidly as the search continues that prevents high long-term unemployment. The second part of the paper provides an econometric analysis of main determinants of reservation wage and its impact on probability of re-employment and wages on searchers’ new jobs.

Paradoxes of reservation wage setting in the Russian labor market. Part II

2016 ◽  
pp. 94-110 ◽  
Author(s):  
R. Kapeliushnikov ◽  
A. Lukyanova
Keyword(s):  
Labor Market ◽  
Household Income ◽  
Personal Characteristics ◽  
Unemployment Duration ◽  
Reservation Wage ◽  
Wage Setting ◽  
Reservation Wages ◽  
Monitoring Survey ◽  
Main Determinants ◽  
New Jobs

Using panel data from the Russian Longitudinal Monitoring Survey for 2006-2014, the paper investigates reservation wages setting in the Russian labor market. The second part of the paper provides an econometric analysis of main determinants of reservation wages. It shows that personal characteristics, household income, unemployment duration and characteristics of local labor markets are important factors that affect reservation wage setting. The findings also indicate that non-employed individuals with higher reservation wages have higher probability of re-employment and receive higher wages on their new jobs. A general conclusion is that Russian workers set reservation wages in economically rational way taking into account their real prospects in the labor market.

scholarly journals Interplay Between Reservation Wage and Unemployment Duration: Evidence from Jordan, Serbia, Montenegro, Ukraine and Moldova in 2015

2019 ◽  
Vol 10 (1) ◽  
pp. 120
Author(s):  
Tereza Kochovska
Keyword(s):  
Labor Market ◽  
Instrumental Variables ◽  
School To Work ◽  
Least Square ◽  
Unemployment Duration ◽  
Reservation Wage ◽  
Mena Countries ◽  
Reservation Wages ◽  
Work Transition ◽  
Cis Countries

This study investigates the reservation wage along with the unemployment duration of the youth in five countries from three groups of countries, the MENA countries, the WB countries and the CIS countries. The study assesses the determinants of the reservation wage and in particular how it is related to unemployment duration. The data comes from the School to Work Transition Survey in 2015 which is a survey that is labor market designed and includes labor market information on young people aged 15 to 29 years. The Two Stage Least Square (2SLS) model is conducted by using instrumental variables. This technique is used since we suspect that ednogeneity between the reservation wage and the unemployment duration is possible in our model. The results suggest the interplay between the reservation wage and the unemployment duration is countercyclical, the longer the unemployment duration the lower the reservation wage. Youth that lives in a household that receives other sources of income and remittances have lower reservation wages and youth that comes from a household with good financial situation and receives governmental financial assistance have higher reservation wages. Married youth with children have higher reservation wage and lower unemployment duration and more educated and trained youth has higher reservation wage.

Pension Portability and Labor Market Efficiency: A Survey of the Literature

ILR Review ◽  
1995 ◽  
Vol 48 (2) ◽  
pp. 276-292 ◽  
Author(s):  
Stuart Dorsey
Keyword(s):  
Labor Market ◽  
Empirical Studies ◽  
Indirect Evidence ◽  
Empirical Literature ◽  
Specific Productivity ◽  
Market Effects ◽  
Enhance Efficiency ◽  
The Cost ◽  
Productivity Gains

This paper reviews the theoretical and empirical literature evaluating the labor market effects of policies to enhance pension portability. One perspective is that reducing the cost of job change will result in a more efficient allocation of workers. In contrast, long-term employment contract models suggest that incentives established by nonportable pensions may enhance efficiency by discouraging quits when there are job-specific productivity gains. No empirical studies have produced estimates conclusively showing that workers covered by pensions are more productive than other workers. Various indirect evidence, however—for example, on the relationship between pensions and wages, the pattern of pension coverage across workers and jobs, and the effect of pensions on layoffs—is consistent with pension-related productivity gains.

Is inflation targeting useful for economic growth?

2017 ◽  
pp. 62-74 ◽  
Author(s):  
P. Kartaev
Keyword(s):  
Economic Growth ◽  
Monetary Policy ◽  
Test Performance ◽  
Inflation Targeting ◽  
Developing Economies ◽  
Empirical Studies ◽  
Growth Regime ◽  
Potential Channels

The paper presents an overview of studies of the effects of inflation targeting on long-term economic growth. We analyze the potential channels of influence, as well as modern empirical studies that test performance of these channels. We compare the effects of different variants of inflation targeting (strict and mixed). Based on the analysis recommendations on the choice of optimal (in terms of stimulating long-term growth) regime of monetary policy in developed and developing economies are formulated.

DIGITALIZATION OF LABOR MIGRATION PROCESSES IN UZBEKISTAN. WORLD EXPERIENCE

2020 ◽  
Vol 4 (3) ◽  
pp. 29-39
Author(s):  
Sulkhiya Gazieva ◽  
Keyword(s):  
Labor Market ◽  
Technological Change ◽  
Labor Migration ◽  
Smart Phone ◽  
Logic Circuits ◽  
Digital Logic ◽  
The Internet ◽  
The Future

The future of labor market depends upon several factors, long-term innovation and the demographic developments. However, one of the main drivers of technological change in the future is digitalization and central to this development is the production and use of digital logic circuits and its derived technologies, including the computer,the smart phone and the Internet. Especially, smart automation will perhaps not cause e.g.regarding industries, occupations, skills, tasks and duties

Percepción de la Población Pobre de Santiago sobre el Mercado Laboral en Chile al año 2011 y evolución desde el año 2003

Oikos ◽  
2015 ◽  
Vol 15 (31) ◽  
pp. 153
Author(s):  
Marcelo Yáñez Pérez
Keyword(s):  
Social Capital ◽  
Labor Market ◽  
Equal Opportunities ◽  
Capital Social ◽  
Union Power ◽  
Family Labor ◽  
The Poor ◽  
State Unemployment ◽  
Poor Population

RESUMENEl artículo muestra los principales resultados de la investigación Percepción de la Población Pobre de Santiago sobre el Mercado Laboral en Chile, realizada durante 9 años consecutivos desde 2003, por la Escuela de Administración y Economía de la Universidad Católica Silva Henríquez. El estudio incluye antecedentes sobre las concepciones de empleo y desempleo de este grupo de la población, así como la identificación de quienes –a su juicio– serían los responsables de que las personas pobres obtengan un trabajo y la calificación que le asignan a su gestión. También contempla sus percepciones en torno al apoyo del Estado, nivel de desempleo, influencia del capital social, respeto por los trabajadores, igualdad de oportunidades, poder de los sindicatos, entre otros aspectos, además del nivel de desempleo familiar y tipo de problemas laborales que han enfrentado.Palabras clave: mercado laboral, pobreza, percepciones, equidad.Este estudio ha sido realizado en el contexto de la investigación “Percepción de la población pobre de Santiago sobre las condiciones de acceso, equidad y satisfacción en la obtención de bienes básicos y públicos – año 2011: visión evolutiva desde el año 2003”, que es parte del Programa de Investigación de la Escuela de Administración y Economía de la UCSH. Esta investigación ha sido financiada desde sus inicios y en su totalidad con fondos propios de esta Universidad.Perception of the Poor Population from Santiago of The Labor Market in Chile in the year 2011 and evolution from 2003ABSTRACTThe paper shows the main results of a long-term investigation on the perceptions of the poor of Santiago of the labor market in Chile, which began in 2003 and was carried out by the School of Management and Economics at the Universidad Católica Silva Henríquez. The study includes background on the concepts of employment and unemployment in this group of the population, and the identification of those who, in his opinion, would be responsible for the poor to get a job and the rating assigned to their management. It also includes their perceptions of the support of the state, unemployment, social capital influence, respect for workers, equal opportunities, union power, among other things, besides the level of unemployment and type of family labor problems they have faced.Keywords: labor market, poverty, perceptions, equity.

scholarly journals Are asylum seekers more likely to work with more inclusive labor market access regulations?

2019 ◽  
Vol 155 (1) ◽  
Author(s):  
Michaela Slotwinski ◽  
Alois Stutzer ◽  
Roman Uhlig
Keyword(s):  
Labor Market ◽  
Asylum Seekers ◽  
Market Access ◽  
Initial Period ◽  
Early Integration ◽  
Labor Market Policies ◽  
The Face ◽  
Labor Market Access ◽  
The One

Abstract In the face of recent refugee migration, early integration of asylum seekers into the labor market has been proposed as an important mechanism for easing their economic and social lot in the short as well as in the long term. However, little is known about the policies that foster or hamper their participation in the labor market, in particular during the important initial period of their stay in the host country. In order to evaluate whether inclusive labor market policies increase the labor market participation of asylum seekers, we exploit the variation in asylum policies in Swiss cantons to which asylum seekers are as good as randomly allocated. During our study period from 2011 to 2014, the employment rate among asylum seekers varied between 0 and 30.2% across cantons. Our results indicate that labor market access regulations are responsible for a substantial proportion of these differences, in which an inclusive regime increases participation by 11 percentage points. The marginal effects are larger for asylum seekers who speak a language that is linguistically close to the one in their host canton. Summary Inclusive labor market access regulations substantially increase the employment chances of asylum seekers, in particular if the language distance is short.

scholarly journals EU Labor Market Inequalities and Sustainable Development Goals

2021 ◽  
Vol 13 (5) ◽  
pp. 2675
Author(s):  
Elena Jianu ◽  
Ramona Pîrvu ◽  
Gheorghe Axinte ◽  
Ovidiu Toma ◽  
Andrei Valentin Cojocaru ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Labor Market ◽  
Policy Issue ◽  
Policy Makers ◽  
Public Policy Issue ◽  
Development Goals ◽  
To Come ◽  
Business Practitioners ◽  
The Eu

Reducing inequalities for EU citizens and promoting upward convergence is one of the priorities on the agenda of the European Commission and, certainly, inequality will be a very important public policy issue for years to come. Through this research we aim to investigate EU labor market inequalities, reflected by the specific indicators proposed for Goal 8 assumed by the 2030 Agenda for Sustainable Development, based on cluster analysis for all the 27 Member States. The research results showed encouraging results from the perspective of convergence in the EU labor market, but also revealed a number of analyzed variable effects that manifested regional inequalities that were generated in the medium and long term. Based on the observations made, we want to provide information for policy-makers, business practitioners, and academics so as to constitute solid ground for identifying good practices and proposing to implement policies aimed at reducing existing inequalities and supporting sustainable development.

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