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Do higher levels of education raise earnings in post-reform Russia?

Akhmedjonov, Alisher. (2011). Do higher levels of education raise earnings in post-reform Russia? Eastern European Economics, 49(4), 47-60.

Akhmedjonov, Alisher. (2011). Do higher levels of education raise earnings in post-reform Russia? Eastern European Economics, 49(4), 47-60.

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In this study, using the Russia Longitudinal Monitoring Surveys data set, we investigate whether higher education has any effect on wages in post-reform Russia. In doing so, we test the hypothesis of Brainerd (1998) that returns should further increase in the future as Russia moves from government dominance toward a market democracy. The findings are based on a simple ordinary least squares model and instrumental variable estimation, exploiting institutional changes in the educational system. They suggest that returns grew significantly in 2000-2002. The results are in line with Brainerd's conjecture on the future evolution of returns to human capital in Russia.




JOUR



Akhmedjonov, Alisher



2011


Eastern European Economics

49

4

47-60






00128775

10.2753/EEE0012-8775490403



2125