How Late to Pay? Understanding Wage Arrears in Russia

Earle, John S.; Peter, Klara Sabirianova

doi:10.17848/wp02-77

“…The rural areas were particularly strongly shaped by collectivism, because economic and social life was dominated by monopolist collective farms (Gächther and Herrman, 2006). More recently, job-tojob mobility in rural areas is low (Earle and Sabirianova, 2002) and so is migration from the rural to the urban regions, with more than a third of the Russian regions "locked into poverty traps" (Andrienko, 2004).…”

Section: Differences Between Urban and Rural Regionsmentioning

confidence: 99%

Financial Literacy and Retirement Planning in View of a Growing Youth Demographic: The Russian Case

Panos

¹

,

Klapper²

2011

View full text Add to dashboard Cite

Abstract:Our study contributes to the financial literacy literature by examining its association with retirement planning in an interesting and novel context, i.e. that of a country with a relatively old and rapidly ageing population, large regional disparities and a rapidly emerging financial market. Even though consumer borrowing is increasing very rapidly in Russia, we find that only 36.3% of respondents in our sample know about the working of interest compounding and only half can answer a simple question about inflation. In a country with pervasive public pension provision, we find that financial literacy is significantly and positively related to retirement planning using private pension funds and schemes. Residents in rural areas are much more reliant on the public provision and invest less in private schemes and savings. The results of our study have a clear policy implication; along with encouraging the availability of private retirement plans and financial products, efforts to improve financial literacy can be pivotal to the expansion in the use of such schemes.JEL Classification: D91; G11, G23

show abstract

“…This wage information was specifically elicited from respondents in the 9 th round of the survey. As discussed by Earle and Sabirianova (2002), the contractual wage circumvents the wage arrears problem and represents the best available wage measure for our study.…”

Section: Russian Markets Amenities and Datamentioning

confidence: 99%

Compensating differentials in emerging labor and housing markets: Estimates of quality of life in Russian cities

Berger

¹

,

Blomquist

²

,

Peter

³

2008

Journal of Urban Economics

Self Cite

View full text Add to dashboard Cite

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between science, politics and business. IZA is an independent, nonprofit limited liability company (Gesellschaft mit beschränkter Haftung) supported by Deutsche Post World Net. The center is associated with the University of Bonn and offers a stimulating research environment through its research networks, research support, and visitors and doctoral programs. IZA engages in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination of research results and concepts to the interested public. The current research program deals with (1) mobility and flexibility of labor, (2) internationalization of labor markets, (3) welfare state and labor market, (4) labor markets in transition countries, (5) the future of labor, (6) evaluation of labor market policies and projects and (7) The existence of compensating differentials in Russian labor and housing markets is examined using data from the Russian Longitudinal Monitoring Survey (RLMS) augmented by city and regional-specific characteristics from other sources. While Russia is undergoing transition to a market economy, we find ample evidence that compensating differentials for location-specific amenities exist in the labor and housing markets. Our estimated wage and housing value equations suggest that workers are compensated for differences in climate, environmental conditions, ethnic conflicts, crime rates, and health conditions, after controlling for worker characteristics, occupation, industry, and economic conditions, and various housing characteristics. Moreover, we find evidence that these compensating differentials exist even after controlling for the regional pay differences ("regional coefficients") used by the Russian government to compensate workers for living in regions that are designated as less desirable. We rank 953 Russian cities by quality of life as measured by a group of eleven amenities. Sizable variation in the estimated quality of life across cities exists. The highest ranked cities tend to be in relatively warm areas and areas in the western, European part of the country. In addition, our quality of life index is positively correlated with net migration into a region, suggesting workers are attracted to amenity-rich locations. Overall, we find that sufficient market equi...

show abstract

“…These included wage arrears, forced leaves, reduction in hours of work and in-kind payments (Lehmann, Wadsworth and Acquisti 1999;Earle and Sabirianova 2002;Haltiwanger, Lehmann and Terrell 2003).…”

Section: Transition and Household Welfare: Literature Reviewmentioning

confidence: 99%

Determinants of Poverty During Transition: Household Survey Evidence from Ukraine

Brück

¹

,

Danzer

²

,

Muravyev

³

et al. 2008

View full text Add to dashboard Cite

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in AbstractThe paper analyzes the incidence, the severity and the determinants of household poverty in Ukraine during transition using two comparable surveys from 1996 and 2004. We measure poverty using income and consumption and contrast the effects of various poverty lines.Poverty in both periods follows some of the determinants commonly identified in the literature, including greater poverty among households with children and with less education.We also identify specific features of poverty in transition, including the relatively low importance of unemployment and the existence of poverty even among households with employment. Poverty determinants change over time in line with the experience of transition and restructuring.

show abstract

How Late to Pay? Understanding Wage Arrears in Russia

Cited by 73 publications

References 1 publication

Financial Literacy and Retirement Planning in View of a Growing Youth Demographic: The Russian Case

Financial Literacy and Retirement Planning in View of a Growing Youth Demographic: The Russian Case

Compensating differentials in emerging labor and housing markets: Estimates of quality of life in Russian cities

Determinants of Poverty During Transition: Household Survey Evidence from Ukraine

Contact Info

Product

Resources

About