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Incomes and the poverty line of the population

Author

Listed:
  • Grishina Elena

    (RANEPA)

  • Lyashok Viktor

    (RANEPA)

  • Makarentseva Alla

    (RANEPA)

  • Maleva Tatiana

    (RANEPA)

  • Mkrtchian Nikita

    (RANEPA)

  • Florinskaya Yulia

    (RANEPA)

  • Khasanova Ramilya

    (RANEPA)

  • Burdyak Alexandra

    (RANEPA)

Abstract

The reduction in real disposable cash income was due to the economic difficulties caused by the proliferation of the coronavirus infection The shutdown of a host of organizations in spring 2020 and the decline in consumer demand, in the first place for non-food products and services, reported in Q2-4 2020 (retail sales turnover came to 84.0, 98.4 and 97.2%, respectively of the same period of 2019) resulted in the cut in household incomes. In 2020, the total value of cash incomes of the population went down by 3.0% in real terms against 2019, while the amount of remuneration of wages and salaries of employees decreased by merely 0.9% in real terms.

Suggested Citation

  • Grishina Elena & Lyashok Viktor & Makarentseva Alla & Maleva Tatiana & Mkrtchian Nikita & Florinskaya Yulia & Khasanova Ramilya & Burdyak Alexandra, 2021. "Incomes and the poverty line of the population," Published Papers ppaper-2021-1132, Gaidar Institute for Economic Policy, revised 2021.
    • Handle: RePEc:gai:ppaper:ppaper-2021-1132
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    File URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2021-1132.pdf
    File Function: Revised Version, 2021
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    More about this item

    Keywords

    Russian economy; households; labor market; social sentiment; internal migration; long-term migration; external labor migration;
    All these keywords.

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion
    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts

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