Students’ Wage Expectations. Dynamic Analysis

Abstract

Factor structure of expected graduate's wage is considered in the paper. The analysis of eight regression estimates for 2007-2009 and 2012-2016 of Russian University students' wage expectations demonstrates consistency of estimates of all coefficients but regional dummy and wage of working students. The dynamics of expected graduates' wage and average nominal wage suggests that the former is much more exposed to influence of economic cycles than the latter.