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Financial Analytics: Science and Experience
 

Employment of minimum wage workers in Russia

Vol. 3, Iss. 2, FEBRUARY 2010

Available online: 3 February 2010

Subject Heading: LABOUR MARKET

JEL Classification: 

Chepkin A.V. the post-graduate student of chair of economy of work and the population, State university - the economy Higher school
chepkin@gmail.com

The paper, based on the Russia Longitudinal Monitoring Survey (RLMS) data for 2003-2007, examines the sector of the actual and potential minimum wage (MW) workers. To determine the segment of potential earners of MW the factors that increase the probability of being in a group of such workers are determined and reveales characteristics of their employment, compared with a core group of employees on Russia's labor market. In addition, the study estimates significant factors of MW earning on the demand side of labor.

Keywords: minimum wage, labor market, structure, employment, income, human capital

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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