A Decade of Declining Earnings Inequality in the Russian Federation

Wage inequality decreased significantly in the Russian Federation over the 2000s. The economic expansion experienced throughout the decade led to an improvement in social indicators, with a large reduction in poverty rates and an increase in higher education. In this context, wage inequality showed...

Ausführliche Beschreibung

Gespeichert in:

Bibliographische Detailangaben
Hauptverfasser:	Calvo, Paula Andrea, Lopez-Calva, Luis-Felipe, Posadas, Josefina
Format:	Artikel
Sprache:	eng
Schlagworte:	ACCOUNTING AGE CATEGORIES AGE GROUP AGRICULTURE AVERAGE WAGE AVERAGE WAGES AVERAGING BASE YEAR CLERKS COLLEGE EDUCATION COLLEGE GRADUATES CONSUMER PRICE INDEX CONTRACTUAL WAGES CRISES CRITERIA DEMAND DEVELOPMENT POLICY DISADVANTAGED GROUPS DISPOSABLE INCOME DISTRIBUTION DRIVERS EARNING EARNINGS INEQUALITY ECONOMIC EXPANSION ECONOMIC GROWTH ECONOMIC MOBILITY ECONOMIC RECOVERY ECONOMIC STRUCTURE ECONOMICS EDUCATIONAL ATTAINMENT EFFECTS ELASTICITY ELASTICITY OF SUBSTITUTION EMPLOYEE EMPLOYEES EMPLOYMENT EXPECTATIONS EXTREME POVERTY FEMALE LABOR FEMALE LABOR FORCE FINANCE FINANCIAL CRISIS FINANCIAL SECTOR FIRM SIZE FOREIGN OWNERSHIP GDP GDP PER CAPITA GROSS DOMESTIC PRODUCT GROWTH RATE HIGH SCHOOL DROPOUT HIGH SCHOOL DROPOUTS HIGH WAGES HOUSEHOLD INCOME INCOME INCOME DISTRIBUTION INCOME INEQUALITY INEQUALITY MEASURES INFLATION RATE INFLATION RATES INFLUENCE INFORMATION INTERNATIONAL MARKETS JOB JOB INSECURITY JOBS LABOR LABOR ECONOMICS LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR MARKET ADJUSTMENT LABOR MARKET INSTITUTIONS LABOR MARKETS LABOUR LAW MALE WORKERS MARKET ECONOMY MARKETS MEASUREMENT MINIMUM WAGE MINIMUM WAGES MONEY MONITORING NOMINAL WAGES OCCUPATION OCCUPATIONS ORGANIZATIONS OUTCOMES OWNERSHIP PAID WORKERS PAYING JOBS PER CAPITA INCOME POLICIES POLITICAL ECONOMY PRESENT STUDY PREVIOUS DISCUSSION PRICES PRIVATE FIRM PRIVATE FIRMS PRIVATE SECTOR PRIVATE SECTORS PRODUCTION PRODUCTIVITY PRODUCTIVITY EFFECTS PUBLIC SECTOR WORKERS PUBLIC SERVICES REAL WAGES RETIREMENT RURAL EMPLOYMENT RURAL WORKERS SERVICE SECTOR SKILL PREMIUM SKILLED WORKERS STATE-OWNED ENTERPRISES STRUCTURAL CHANGE SUPPLY TOTAL EMPLOYMENT TOTAL WAGE TOTAL WAGES TRENDS UNEMPLOYMENT UNPAID WORKERS UNSKILLED WORKERS URBAN WORKERS VALUE VARIABLES WAGE COMPRESSION WAGE DIFFERENTIAL WAGE DIFFERENTIALS WAGE DISPERSION WAGE DISTRIBUTION WAGE GAP WAGE INEQUALITY WAGE POLICIES WAGE POLICY WAGE PREMIUM WAGE PREMIUMS WAGE STRUCTURE WAGES WORKER WORKERS YOUNG WORKERS
Online-Zugang:	Volltext bestellen
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

Beschreibung
Zusammenfassung:	Wage inequality decreased significantly in the Russian Federation over the 2000s. The economic expansion experienced throughout the decade led to an improvement in social indicators, with a large reduction in poverty rates and an increase in higher education. In this context, wage inequality showed a sharp decline, with the Gini index on labor income decreasing by 18 percent between 2002 and 2012. Using data from the Russian Longitudinal Monitoring Survey, this paper documents the reduction in wage inequality and explores potential factors behind the trend. The analysis uses a decomposition technique proposed by Fortin, Lemieux, and Firpo (2011) to disentangle the main drivers behind changes in the wage distribution. The results suggest that wage structure effects are more important than composition effects for explaining changes in wage inequality. Institutional factors, such as minimum wage policies and changes in the returns to employment in different sectors and types of firms as well as the reduction of the skill premium, emerge as the most relevant factors for explaining changes in the wage structure.