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Do Higher Levels of Education Raise Earnings in Post-Reform Russia?

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  • Alisher Akhmedjonov

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.

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  • Alisher Akhmedjonov, 2011. "Do Higher Levels of Education Raise Earnings in Post-Reform Russia?," Eastern European Economics, Taylor & Francis Journals, vol. 49(4), pages 47-60, July.
    • Handle: RePEc:mes:eaeuec:v:49:y:2011:i:4:p:47-60
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    Cited by:

    1. Kumo, Kazuhiro, 2015. "Research on Poverty in Transition Economies: A Meta-analysis on Changes in the Determinants of Poverty," RRC Working Paper Series 51, Russian Research Center, Institute of Economic Research, Hitotsubashi University.
    2. Irina N. Ilina & Carol S. Leonard & Evgenij E. Plisetskij, 2014. "Russian Regional Resilience: Finance, Cooperation And Resource Abundance (A Case Study Of Khanty-Mansiysk)," HSE Working papers WP BRP 15/PA/2014, National Research University Higher School of Economics.
    3. Harry Patrinos & Suhas Parandekar & Ekaterina Melianova & Artem Volgin, 2020. "Returns to Education in the Russian Federation," World Bank Publications - Reports 33976, The World Bank Group.

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