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Do higher levels of education raise earnings in post-reform Russia?

Citation

Akhmedjonov, Alisher (2011). Do higher levels of education raise earnings in post-reform Russia?. Eastern European Economics, 49(4), 47-60.

Abstract

In this study, using the Russia Longitudinal Monitoring Surveys data set, we investigate whether higher education has any effect on wages in post-reform Russia. In doing so, we test the hypothesis of Brainerd (1998) that returns should further increase in the future as Russia moves from government dominance toward a market democracy. The findings are based on a simple ordinary least squares model and instrumental variable estimation, exploiting institutional changes in the educational system. They suggest that returns grew significantly in 2000-2002. The results are in line with Brainerd's conjecture on the future evolution of returns to human capital in Russia.

URL

http://dx.doi.org/10.2753/EEE0012-8775490403

Reference Type

Journal Article

Year Published

2011

Journal Title

Eastern European Economics

Author(s)

Akhmedjonov, Alisher