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Income inequalities, productive structure and macroeconomic dynamics

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  • Julien Vercueil

    (Inalco - Institut National des Langues et Civilisations Orientales, CREE EA 4513 - Centre de recherches Europes-Eurasie - Inalco - Institut National des Langues et Civilisations Orientales)

Abstract

In this paper we try to assess the impact of recent macroeconomic fluctuations on Russian households income levels. We analyse the Russian trajectory in three different ways. First, we compare the evolution of the « middle class » in Russia with other (B)RIC and western countries, using the wealth-based definition of this group proposed in the Global Wealth Report (Crédit Suisse Research Institute, 2015). Second, we go deeper into the Russian case in order to show how regional disparities regarding incomes distribution can be interpreted, considering the country's recent macroeconomic trajectory. For this purpose, we build a productive typology of the Russian regions and study the link between each type and the level of income inequalities, using the varying structures in sources of household's incomes as a possible explanation of regional variations. We conclude by an assessment of the remaining challenges for incomes policy in Russia.

Suggested Citation

  • Julien Vercueil, 2016. "Income inequalities, productive structure and macroeconomic dynamics," Post-Print halshs-01422287, HAL.
    • Handle: RePEc:hal:journl:halshs-01422287
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01422287
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    Keywords

    income inequalities; Russia; Regional approach; Productive structure;
    All these keywords.

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