М. А. Карцева, РАНХиГС, Москва, П. О. Кузнецова, М. А. Карцева, П. О. Кузнецова, Журнал Нэа
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Stay healthy – will the rest follow? The impact of health on wages in Russia
In this article, we analyze the impact of health on wages in Russia in 2012–2019, using the data from the RLMS-HSE survey. As a measure of health impact we consider hour wages. Health is estimated by means of self-assessed health data. We use a Minсer-type wage equation. To take into account self-selection, we use the Heckman procedure to deal with the unobservable heterogeneity; we employ the panel structure of the RLMS-HSE data. The impact of health on hour wages in Russia is significant, but not great: good and very good health corresponds to an increase in earnings of 2–5% compared to average health for men and 1–3% for women. Bad health significantly reduces wages, but when self-selection is taken into account, its effect becomes insignificant. The impact of health on wages is markedly increased for groups with a low level of education, which, in our opinion, may indicate a greater importance of health for unskilled and physical labor. The robustness of our results was tested using an alternative data source.
期刊介绍:
Key Journal''s objectives: bring together economists of different schools of thought across the Russian Federation; strengthen ties between Academy institutes, educational establishments and economic research centers; improve the quality of Russian economic research and education; integrate economic science and education; speed up the integration of Russian economic science in the global mainstream of economic research. The Journal publishes both theoretical and empirical articles, devoted to all aspects of economic science, which are of interest for wide range of specialists. It welcomes high-quality interdisciplinary projects and economic studies employing methodologies from other sciences such as physics, psychology, political science, etc. Special attention is paid to analyses of processes occurring in the Russian economy. Decisions about publishing of articles are based on a double-blind review process. Exceptions are short notes in the section "Hot Topic", which is usually formed by special invitations and after considerations of the Editorial Board. The only criterion to publish is the quality of the work (original approach, significance and substance of findings, clear presentation style). No decision to publish or reject an article will be influenced by the author belonging to whatever public movement or putting forward ideas advocated by whatever political movement. The Journal comes out four times a year, each issue consisting of 12 to 15 press sheets. Now it is published only in Russian. The English translations of the Journal issues are posted on the Journal website as open access resources.