Living Standards in Russia in August 2015

Russian Economic Developments. Moscow, 2015, No. 10, pp. 45-47

3 Pages Posted: 1 Nov 2015

See all articles by Elena Grishina

Elena Grishina

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Social Analysis and Forecasting

M. Kirillova

Russian Presidential Academy of National Economy and Public Administration (RANEPA)

Date Written: October 30, 2015

Abstract

The real personal disposable money income kept declining and the percentage of individuals with money income below the minimum subsistence level was increasing. Note that with a total decline (down 9% in January-August) in real income and real wages, this process is differentiated by industry and type of activity. Construction, financing activities, public administration and military security, publishing and printing, hotels and restaurants saw most of the decline in real wages, whereas agriculture, mining and quarrying, manufacturing, trade, community and social services experienced the lowest decline in real wages.

Keywords: Russian economy, living standards

JEL Classification: I31, I32

Suggested Citation

Grishina, Elena and Kirillova, M., Living Standards in Russia in August 2015 (October 30, 2015). Russian Economic Developments. Moscow, 2015, No. 10, pp. 45-47, Available at SSRN: https://ssrn.com/abstract=2684178

Elena Grishina (Contact Author)

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Social Analysis and Forecasting ( email )

Prechistenskaya naberezhnaya 11
Moscow, Moscow 119034
Russia

M. Kirillova

Russian Presidential Academy of National Economy and Public Administration (RANEPA) ( email )

Vernadskogo Prospect 82
Moscow, 119571
Russia

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
9
Abstract Views
267
PlumX Metrics