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        <title>Latest Articles from Russian Journal of Economics</title>
        <description>Latest 2 Articles from Russian Journal of Economics</description>
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            <title>Latest Articles from Russian Journal of Economics</title>
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		    <title>The Russian labor market: Long-term trends and short-term fluctuations</title>
		    <link>https://rujec.org/article/113503/</link>
		    <description><![CDATA[
					<p>Russian Journal of Economics 9(3): 245-270</p>
					<p>DOI: 10.32609/j.ruje.9.113503</p>
					<p>Authors: Rostislav I. Kapeliushnikov</p>
					<p>Abstract: This paper provides a statistical portrait of the Russian labor market during the latest period of 2010–2022. The analysis delves into both the long-term trends in its evolution and short-term fluctuations associated with its adjustment to economic downturns. The most noteworthy among the long-term changes are a gradual shrinkage of the labor force and employment, the transition to record low unemployment, a sharp acceleration in worker turnover, and the emergence of an extensive overhang of unfilled job vacancies. During the period under review, the Russian economy experienced three strong adverse macroeconomic shocks — the first sanctions crisis in 2014–2015, the corona crisis in 2000–2021, and the second sanctions crisis, which began in 2022 and is still far from over. The paper provides the evidence that the Russian labor market has retained the same algorithm for accommodation to economic downturns, which it developed back in the 1990s. A distinctive feature of this specific model is that the negative shocks are absorbed predominantly through declines in wages and reductions in working hours, rather than through contraction of employment and surge in unemployment. The general conclusion is that the Russian labor market is undergoing a transition from a functional regime marked by tight labor demand to another characterized by tight labor supply.</p>
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		    <category>Research Article</category>
		    <pubDate>Tue, 3 Oct 2023 10:54:03 +0000</pubDate>
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		    <title>Polarization or upgrading? Evolution of employment in transitional Russia</title>
		    <link>https://rujec.org/article/27969/</link>
		    <description><![CDATA[
					<p>Russian Journal of Economics 2(2): 192-218</p>
					<p>DOI: 10.1016/j.ruje.2016.06.004</p>
					<p>Authors: Vladimir Gimpelson, Rostislav Kapeliushnikov</p>
					<p>Abstract: This paper discusses the structural changes in Russian employment and explores whether the evolution of employment from 2000 to 2012 followed the scenario of progressive upgrading in job quality or brought about the polarization of jobs in terms of quality. Jobs are defined in this study as occupation-industry cells, and their quality is measured through relative earnings and education level. Using detailed micro-data from a few complementary large-scale surveys, we rank all jobs according to the earnings and educational criteria and divide these distributions into five quintiles. At the next stage, we explore dynamic changes in job quality and socio-demographic characteristics of workers in different quintiles. The paper rejects the polarization scenario and confirms the upgrading hypothesis.</p>
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		    <category>Research Article</category>
		    <pubDate>Tue, 31 May 2016 00:00:00 +0000</pubDate>
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