The massification of higher education and labour market outcomes of university graduates in Russia

Victor Rudakov, Sergey Roshchin, Ksenia Rozhkova and Pavel Travkin

Chapter 6 in Mass Higher Education and the Changing Labour Market for Graduates, 2024, pp 125-156 from Edward Elgar Publishing

Abstract: This chapter explores the effect of the massification of higher education in Russia on the early-career labour market outcomes of recent university graduates. Using a unique administrative dataset, it estimates the return to fields of study and various signals of individual productivity, including university selectivity, academic performance and experience of combining study and work. Although obtaining higher education is still associated with significant labour market returns, the massification of higher education has led to dramatic educational inequality in Russia. Significant labour market disparities arise due to differences in the quality of higher education. All productivity signals imply high labour market returns, especially university selectivity and combining study and work. Academic performance is more relevant for those graduating from lower-quality programmes. Moreover, academic performance and university selectivity seem to be more valued among high earners. The chapter concludes with a discussion of possible policy measures in response to the current educational inequality.

Keywords: Business and Management; Economics and Finance; Education; Politics and Public Policy Sociology and Social Policy (search for similar items in EconPapers)
Date: 2024
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