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Student
Title
Supervisor
Faculty
Educational Programme
Final Grade
Year of Graduation
Viktoriya Nizamova
The Employment of Older Workers and Younger Workers: The Empirical Analysis
Economics
(Bachelor’s programme)
9
2019
Nowadays pension reform is being actively implemented in Russia. The retirement age was raised for both men and women. These changes will inevitably entail an increase in the labor supply of older workers. According to recent research, an increase in the number of older workers in the labor market may adversely affect the employment possibilities of younger workers.

The paper analyzes the possibility of competition between younger and elder workers in Russia. Analysis of the qualitative characteristics of the studied age groups showed that even with the existing differences, their educational and professional structures are quite homogeneous. Considering these results, it is possible to say that there can be competition between younger and older workers for certain jobs in the labor market.

Implemented econometric analysis supports the hypothesis. Regression models were evaluated on the basis of regional data on employment rates of older workers and the youth for the time period from 2006 to 2018, assessing the influence of the position of one age group in the labor market in Russia on another. The obtained results allow us to conclude that it is impossible to deny the existence of possibilities for competition between younger and older workers in the labor market in Russia.

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