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Title:Explaining the dynamics in perceptions of job insecurity in Russia PDF Logo
Authors:Lokshin, Michael
Gimpelson, Vladimir
Oshchepkov, Aleksey
Issue Date:2012
Series/Report no.:Discussion Paper series, Forschungsinstitut zur Zukunft der Arbeit 6422
Abstract:Contrary to the experiences of other countries, perceptions of job insecurity in Russia were not correlated with the rates of unemployment and the business cycle over the last decade. We develop the theoretical framework that predicts that the individual perceptions of job insecurity depend on regional unemployment rates and on the within-group variance of wage distribution faced by workers. We test this hypothesis using data from ten panel rounds of Russia Longitudinal Monitoring Survey. Our results indicate that while higher rates of unemployment make workers feel less job secure, the wage compression during recessions reduces their fears of losing a job. In periods of economic expansion the effect of lower unemployment rates is offset by the higher fears of losing better paying jobs.
Subjects:unemployment
job security
business cycle
Russia
JEL:J28
J30
J64
Persistent Identifier of the first edition:urn:nbn:de:101:1-201207125552
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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