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Shortage of Skills in the Labor Market: Limited Supply, Lack of Demand, or False Signals from Employers?

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  • V. Gimpelson

Abstract

The article discusses the issue of shortage of skills in the Russian industry. Using microdata from a survey of industrial enterprises, the author confirms that most of employers complain of difficulties in hiring and attaching skilled workers. In case of mass occupations, this shortage relates mostly to low efficient enterprises, which are unable or unwilling to pay competitive market going wage. More efficient and better paying firms are less likely to face shortage of general skills on the labor market but may face limited supply of specific skills.

Suggested Citation

  • V. Gimpelson, 2004. "Shortage of Skills in the Labor Market: Limited Supply, Lack of Demand, or False Signals from Employers?," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 3.
    • Handle: RePEc:nos:voprec:y:2004:id:1870
    DOI: 10.32609/0042-8736-2004-3-76-94
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    File URL: https://www.vopreco.ru/jour/article/viewFile/1870/1872
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    Cited by:

    1. Alexander Nikolaevich Tyrsin & Elena Vitalyevna Vasilyeva, 2022. "Interrelation between Supply and Demand Factors in Regional Labor Markets," Spatial Economics=Prostranstvennaya Ekonomika, Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia), issue 2, pages 83-100.
    2. Yakovlev, A., 2017. "Demand for Skills and Training, Middle Income Trap and Prospects of Catch-Up Development in Russia," Journal of the New Economic Association, New Economic Association, vol. 36(4), pages 166-173.

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