Abstract

During the transition period, Russian workers witnessed important changes in their real earnings. In the process, the wage gap between men and women has varied wildly and the family decision-making process may have been significantly altered. To investigate this issue, we estimate a collective labour supply model using data from the RLMS. The specification allows the sharing rule to change in a discrete manner between the pre- and post-1998 financial crisis. Our results indicate that the parameters of the sharing-rule have shifted to a new equilibrium in the post-1998 period. Indeed, when their relative wage increases, husbands (wives) transfer relatively less (more) to their spouse than was previously the case.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.