Kapelyushnikov Rostislav
The anatomy of the corona crisis through the lens of the labor market adjustment
Publication Type:
Rubric:


ISSN 0042-8736

DOI: 10.32609/0042-8736-2022-2-33-68

The paper analyzes the main changes in the Russian labor market during the economic crisis caused by the COVID-19 pandemic. In previous crisis episodes, the Russian labor market reacted to downturns in a non-standard way - not so much by employment decline and unemployment surge as by wage cuts and reduction in working hours. The discussion focuses on the question whether this algorithm has been preserved under conditions of the corona crisis. The empirical basis is provided by microdata from the Russian Longitudinal Monitoring Survey (RLMS-HSE) for 2020. The paper describes the main mechanisms of labor market adjustment (wage cuts, part-time transfers, involuntary furloughs, telecommuting and others), analyzes the scale and dynamics of their use, assesses their differentiation by sociodemographic groups and types of enterprises. For each form of crisis adjustment both descriptive and econometric analysis is carried out. The Russian experience is compared with reaction to the corona crisis by other labor markets. It is shown that, like other countries, Russia managed to avoid a collapse of employment and explosive growth in unemployment mainly due to active utilization of two key instruments - various types of part-time employment and telecommuting. This allows us to conclude that the specific “Russian” labor market model has once again confirmed its ability to effectively accommodate even the strongest economic shocks.


Keywords: labor market | corona crisis | Russia | wage | working time | remote employment |

Russian Science Citation Index



OTHER PUBLICATIONS ON THIS TOPIC

Kapelyushnikov Rostislav ,
Paradoxes of reservation wage setting in the Russian labor market. Part II

Labor Market: Economic Crisis Reaction. Editors: Burdzhalov F., Gontmakher Y. Moscow, IMEMO RAN, 2011, 184 p.

Kapelyushnikov Rostislav
The Russian Labor Market: Paradoxes of Post-crisis Performance

Monusova Galina
Working at home and outside: Working conditions and non-working hours

Kapelyushnikov Rostislav
The Russian labor market through the lenses of business surveys: a retrospective analysis. Moscow, IMEMO RAN, 2006.

Volkov Aleksei , Belukhin Nikita
Интеграция иммигрантов на рынке труда Дании [Электронный ресурс] / А.М. Волков, Белухин Н.Е. // Мировое и национальное хозяйство. – 2018. – № 4(46). – URL: http://mirec.ru/2018-04/the-integration-of-immigrants-on-the-labour-market-of-denmark

Khokhlova Marina
Профессионально-возрастной состав неформально занятых / Современные проблемы трансформации российского рынка труда и связанных с ним социально-трудовых отношений. Социально-трудовые исследования. Выпуск ХХ. М.: ИМЭМО РАН, 2007, С. 29-41

Kapelyushnikov Rostislav , Gimpelson V.
To Live in the Shadows or to Die in the Light: Informality in the Russian Labor Market / V. Gimpelson, R. Kapeliushnikov

Kapelyushnikov Rostislav ,
Paradoxes of reservation wage setting in the Russian labor market. Part I

Kapelyushnikov Rostislav , Gimpelson V., Lukyanova A.L.
Ownership and Wage Differentiation in Russia.

Kapelyushnikov Rostislav , Gimpelson V.
Is it Normal to be Informal? / Gimpelson V.E., Kapelyushnikov R.I.

Aukutsionek Sergey , Egorov Andrei, Bashirova Inessa, Belyakov Stanislav
Survey of Current Business

Kapelyushnikov Rostislav
Labor Productivity versus Labor Compensation: Some Simple Arithmetic

Kapelyushnikov Rostislav
The Russian Labour Market Model Trial by Recession

Aukutsionek Sergey , Egorov Andrei, Bashirova Inessa, Serzhantova Tatyana
Survey of Current Business

Sautkina Vera
International Freelance Market: Prospects for Development. Analysis & Forecasting. Journal of IMEMO, 2020, no 3, pp. 35-43. https://doi.org/10.20542/afij-2020-3-35-43

Kapelyushnikov Rostislav
Productivity and Labor Compensation in Russia: How to Cope with Statistical Illusions. / R. Kapelyushnikov

Kapelyushnikov Rostislav
Российский рынок труда: адаптация без реструктуризации. М., ГУВШЭ, 2001, 22,5 п.л.

Kapelyushnikov Rostislav
Конец российской модели рынка труда? М., Фонд «Либеральная миссия», 2009, 72 с.

Kapelyushnikov Rostislav
The Phenomenon of Population Aging: Major Economic Effects
Related publications


Comments (0)

No comments

Add comment







First news
Institute News
10/06/2022

The next issue of the journal ME & MO (No. 6, 2022), which opens with a panoramic article by V. Mikheev and S. Lukonin, has been published. The authors dedicated it to China on the eve of the 20th CPC Congress. In the economic block of the magazine special attention is paid to digital currencies.

more...

09/06/2022

An article by Marina Klinova «The State and Energy Security in the World and Europe as a Public Good» was published in the June issue of the journal «Voprosy Ekonomiki» ("Economic Issues") under the heading "International Economics" (in Russian).

more...

Recently Published