Analysis of Student Employment in the Context of Russian Labor Market

Author:

Apokin A.1,Yudkevich M.2

Affiliation:

1. Center for Macroeconomic Analysis and Short-Term Forecasting; Institute of Economic Forecasting, Russian Academy of Sciences

2. State University - Higher School of Economics

Abstract

The paper provides an explanation for widespread student employment in Russia. The main difference between Russia and Western countries is considered to be the following: student employment during the period of studying is widely used as a signal about the quality of human capital for the future employer. The authors show that in Russia more productive students start working earlier and employment is more often connected with the future profession than in the Western countries. They suggest that the system of communication between education structures and employers should be established in order to inform the latter about the quality and features of education acquired.

Publisher

NP Voprosy Ekonomiki

Subject

Economics and Econometrics,Finance

Reference31 articles.

1. Polishchuk L. I., Livni E. Kachestvo vysshego obrazovaniya v Rossii: rol' konkurentsii i rynka truda // Voprosy obrazovaniya. 2005. № 1. S. 71-86.

2. Apokin A., Yudkevich M. Student Employment: Education Signaling Upside Down. 2008. Mimeo.

3. Becker G. Human Capital. N.Y.: NBER, 1964; Schultz T. W. Investment in Human Capital // American Economic Review. 1961. Vol. 51, No 1. P. 1-17.

4. Callender C., Kempson E. Op. cit; Hesketh A. Beg, Borrow or Starve? How to finance your degree. Lancaster: Unit for Innovation in Higher Education, 1996.

5. Callender C., Kempson E. Student Finances: Income, Expenditure and Takeup of Student Loans. London: PSI Publishing, 1996.

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