Article in Population and Economics journal
Article "University Education and Internal Labour Migration Outcomes of Recent Graduates" by Anastasiya Vladimirskaya, Sergey Roshchin, Pavel Travkin was published in Population and Economics journal.
The paper examines post-educational interregional migration of recent Russian university graduates as one of the key factors in the redistribution of human capital between regions. Based on individual data on more than 250.000 graduates of 2021, the paper analyses the characteristics that influence migration decisions and assesses the wage premium/penalty received after relocation. The results presented in this paper show that educational characteristics (source of educational funding, presence of a diploma with honours, continuation of education, average admission exam score) have the most significant impact on migration decisions. The assessment of the modified Mincer equation also made it possible to determine the return on migration. Thus, moving to a more economically developed region provides an average wage increase of 10–17%. The greatest benefits from migration are enjoyed by graduates in medicine and agriculture, as well as STEM graduates, while representatives of the social sciences and education face a comparatively low return on relocation. The results confirm the hypothesis of high regional and sectoral differentiation in the Russian labour market. The study highlights the need for closer integration between the education system and regional labour markets in order to mitigate territorial imbalances in the distribution of human capital.
Keywords: graduate labour market, post-educational migration, regional heterogeneity, returns from migration, administrative data, Mincer equation
JEL codes: J24, J31, J61
Article
Date
22 June
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