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/EEE0012-8775490403Reference Type
Journal Article
Year Published
2011
Journal Title
Eastern European Economics
Author(s)
Akhmedjonov, Alisher
