In this repost I deliver the results of the analysis of the adjustment of employment in Russia since its transformation to a market economy. Employment is considered in terms of total hours of work in the economy. This allows to decompose the adjustment into two components: extensive margin (the number of people employed) and intensive margin (the number of hours per employed worker). The task is to estimate the contribution of both margins of employment adjustment. The Rosstat and the OECD aggregate annual data of 1995–2016 are used. The results of the decomposition show that fluctuations on extensive margin are a lot more important for cyclical fluctuations in the total hours of work. Since the early 2000s, the labour market is more responsive to negative shocks rather than positive ones. The results obtained are new to research area of the Russian labour market.
Translated title of the contributionEMPLOYMENT ADJUSTMENT IN RUSSIA: EXTENSIVE AND INTENSIVE MARGINS
Original languageRussian
Title of host publicationУстойчивое развитие: общество и экономика
Subtitle of host publicationМатериалы VI Международной научно-практической конференции
EditorsС.А. Белозеров, Д.Н. Колесов, А.Н. Лякин
Place of PublicationСПб.
PublisherИздательство Санкт-Петербургского университета
Pages82-85
ISBN (Electronic)9785288059773
StatePublished - 2019
EventVI Международная научно-практическая конференция «Устойчивое развитие: общество и экономика» - St Petersburg State University, Санкт-Петербург, Russian Federation
Duration: 28 Feb 20191 Mar 2019
Conference number: VI
http://hdl.handle.net/11701/16537

Conference

ConferenceVI Международная научно-практическая конференция «Устойчивое развитие: общество и экономика»
Abbreviated titleУстойчивое развитие: общество и экономика
Country/TerritoryRussian Federation
CityСанкт-Петербург
Period28/02/191/03/19
Internet address

    Research areas

  • employment, abor market, Adaptation, intensive component, extensive component, working hours, Russia

ID: 49948904