To be competitive, firms have to maintain level and composition of workforce they consider optimal given utilized technology and expected output. The paper discusses what types of firms are unable to keep optimal employment, and why. Do firms still report excess of labor or do they face labor...

The paper provides a comprehensive assessment of quantitative and qualitative characteristics of human capital accumulated by the Russian economy. Using the cross-country perspective it investigates both educational attainment and quality of education of the Russian workforce. Labor market...