Consequences of Raising The Retirement Age for the Labor Market in the Regions of Russia

Chichkanov, V. P.; Chistova, Elena; Тырсин, А. Н.; Степанов, А С

doi:10.14254/1800-5845/2019.15-1.3

Cited by 4 publications

(3 citation statements)

References 18 publications

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“…Chichkanov also confirmed the possible negative impact of the retirement-age increase on the labor market wages. Thus, according to the calculations, average monthly wages for men will decrease by 85.06 rubles, and for women by 29.52 rubles with an increase in the retirement age by one year for both genders, which is due to the prevailing age-related differentiation in wages [9].…”

Section: A Possible Economic Negative Consequences (Risks)mentioning

confidence: 91%

Systematization of the Socio-Economic Risks Caused by Retirement Age Increase in Russia

Kulkova¹,

Sharin²

2020

Proceedings of the Ecological-Socio-Economic Systems: Models of Competition and Cooperation (ESES 2019)

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The research is aimed at studying the possible negative consequences of raising the retirement age in Russia. The study is based on the assessments of the raising the retirement age negative consequences analysis, conducted by domestic and foreign scientists. Using methods of system analysis and general scientific methods the authors systematized, in this article, the possible risks of raising the retirement age in Russia. Economic and social risks were identified on the basis of the areas of their impact, as well as macro-, micro-and individual risk levels were identified on the basis of the main spheres of their influence. Economic risks were also classified into financial and non-financial. The developed classification allows not only to take into account possible negative consequences of this managerial decision, but also to trace the causes of each risk for preventive measures development. The authors proposed directions of the state policy formation for the older employees' labor activity regulation are presented in the conclusion.

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Section: A Possible Economic Negative Consequences (Risks)mentioning

confidence: 91%

Systematization of the Socio-Economic Risks Caused by Retirement Age Increase in Russia

Kulkova¹,

Sharin²

2020

Proceedings of the Ecological-Socio-Economic Systems: Models of Competition and Cooperation (ESES 2019)

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“…In addition, earlier studies [21][22] have shown that, firstly, according to the calculations in equation (3), the current amount of collected insurance contributions (revenues) even exceeds the funds required for paying the pensions (expenses), as shown in Table 2. Low level of pension provision is associated with the underfunding of federal budget expenses on valorization, additional payments to pensions, compensation for "non-insured" periods (military service, child care, etc.…”

Section: Research Findingsmentioning

confidence: 99%

Modeling the Impact of Raising the Retirement Age on Unemployment and Wages in Russia

Chistova¹,

Тырсин²

2020

Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020)

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The article assesses the impact of raising the retirement age on unemployment and wages in Russia. The study defines two tasks in order to model this impact. The first task requires to calculate the change in the average wage, provided that the number of jobs will meet the increased need. In the second task, the number of jobs is steady. The modeling of the impact was assessed by constructing a regression relationship between wages and unemployment, and differences in age groups were taken into account by introducing fictitious shift and tilt variables into the model. The article presents the results of modeling for the case of raising the retirement age by one year. According to calculations completed for the first and second task, after raising the retirement age by one year, the wages will decline. These calculations have shown that, even under favorable conditions in the Russian labor market, the wages will fall and, therefore, it would be impossible to ensure the financial stability of the pension system by raising the retirement age. Lower wages will reduce the revenues of the Pension Fund of Russia, while higher unemployment rate will increase the expenses on unemployment benefits.

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“…В условиях старения населения трудовой потенциал пожилых людей рассматривается как перспективный ресурс для восполнения сокращающейся численности рабочей силы. Однако, как показывают расчеты [1,2], рост пожилого населения на рынке труда повысит уровень безработицы и снизит средний уровень оплаты труда, при отсутствии должных мер в отношении значительной возрастной дифференциации в зарплате. Поэтому решение проблемы значительного разрыва в зарплате между возрастными группами на российском рынке труда позволит нивелировать негативные последствия при реализации трудовой потенциал пожилого населения [3].…”

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Факторы Заработной Платы Пожилых Работников В России: Обесценивание Человеческого Капитала И Эйджизм

Vasileva¹,

Тырсин²

2021

INSTITUTSIONAL'NAYA TRANSFORMATSIYA EKONOMIKI: CHELOVEK I SOTSIUM: Materialy VII Mezhdunarodnoy Nauchnoy Konferentsii

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Consequences of Raising The Retirement Age for the Labor Market in the Regions of Russia

Cited by 4 publications

References 18 publications

Systematization of the Socio-Economic Risks Caused by Retirement Age Increase in Russia

Systematization of the Socio-Economic Risks Caused by Retirement Age Increase in Russia

Modeling the Impact of Raising the Retirement Age on Unemployment and Wages in Russia

Факторы Заработной Платы Пожилых Работников В России: Обесценивание Человеческого Капитала И Эйджизм

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