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Households incomes and assessment of their financial situation in Russia in 2022

Author

Listed:
  • Osavolyuk A.

    (RANEPA)

  • Tsatsura Elena

    (RANEPA)

Abstract

Against this background, early in 2022 expert assessments in respect of economic forecasts showed positive trends. Late in 2021, the RF Central Bank presented several scenarios of Russia’s macroeconomic development in 2022– 2024.2 According to the estimates of the baseline scenario, GDP was expected to grow by 2%—3% by the end of 2022. Apart from that, the regulator presented other three scenarios proceeding from potential risks to Russia: +2.4%–3,4% (the “Financial Crisis” scenario and the “Global Inflation” scenario); (-0.8%)–(-0.2)% (a decrease in GDP in case of the “Growing Pandemic” scenario).

Suggested Citation

  • Osavolyuk A. & Tsatsura Elena, 2023. "Households incomes and assessment of their financial situation in Russia in 2022," Published Papers ppaper-2023-1287, Gaidar Institute for Economic Policy, revised 2023.
    • Handle: RePEc:gai:ppaper:ppaper-2023-1287
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    File URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2023-1287.pdf
    File Function: Revised Version, 2023
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    More about this item

    Keywords

    Russian economy; households; income; poverty;
    All these keywords.

    JEL classification:

    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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