Accession Number:

ADA386324

Title:

Labor Market Uncertainty and Private Sector Labor Supply in Russia

Descriptive Note:

Working paper series

Corporate Author:

RAND CORP SANTA MONICA CA

Personal Author(s):

Report Date:

2000-09-01

Pagination or Media Count:

46.0

Abstract:

The development of a vibrant private sector has been one of the key failures of the transitional period in Russia. This paper develops a theoretical and empirical model of individual labor supply behavior under uncertainty, and estimates this model using data from the Russian Longitudinal Monitoring Survey for the years 1994 - 1996 1998. As hypothesized, a decrease in private sector earnings variability is estimated to increase the likelihood of private sector employment for individuals with constrained consumption smoothing ability. Evidence of ex-ante intra-household risk sharing is also found with individuals reducing their exposure to uncertainty by diversifying the portfolio of jobs held by their household.

Subject Categories:

  • Personnel Management and Labor Relations

Distribution Statement:

APPROVED FOR PUBLIC RELEASE