This paper analyzes the effects of an educational system expansion on labour market outcomes, drawing upon a 15-year natural experiment in the Russian Federation. Regional increases in student intake capacities in Russian universities, a result of educational reforms, provide a plausibly...

This paper considers institutional problems associated with human capital return on the Russian labor market.The relevance of the research is associated with low returns on human capital on the Russian labor market and the need to create institutional conditions favorable to unlocking the...

This paper considers institutional problems associated with human capital return on the Russian labor market.The relevance of the research is associated with low returns on human capital on the Russian labor market and the need to create institutional conditions favorable to unlocking the...

Graduating from a school during a time of adverse economic conditions has a persistent, harmful effect on workers' subsequent employment opportunities. An analysis of panel data from OECD countries during the 1960-2010 periods reveals that a worker who experiences a one-percentage-point higher...

This paper estimates the effects of cohort size on wages, employment and work time for workers in Germany. The empirical findings suggest that male workers with medium and high degrees of occupational specialization who were born at the peak of the baby boom earn at least 5.3% lower wages than...