The Households’ Income, Poverty and Income Inequality in Russia in 2018

Russian Economy in 2018. Trends and Outlooks (Issue 40). 2019. Moscow. IEP, pp. 311-338

28 Pages Posted: 16 Sep 2019

See all articles by Aleksandra Burdyak

Aleksandra Burdyak

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

Elena Grishina

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

Marina Eliseeva

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

Victor Lyashok

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

Tatiana Maleva

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

Nikita Mkrtchyan

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

Ekaterina Seredkina

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

Yulia Florinskaya

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

Ramilya Khasanova

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Social Analysis and Forecasting; Moscow State University Economics Department

Date Written: September 5, 2019

Abstract

In 2018 real accrued wages and salaries of corporate employees increased in Q1 by 10.2%, by 7.6% in Q2, by 6.3 in Q3 and by 4.1% in Q4 against the same period of the previous year (Fig. 1). At the same time, real disposable cash incomes of households grew in Q1 and Q2, 2018, by 2.3 и 1.3% respectively against the same period of 2017 while in Q3 and Q4 they decreased by 1.6 and 1.1% against the same period of 20172. Real allotted pensions increased in Q1-2, 2018, by 2.3–0.4% against the same period of 2017 and decreased by 0.5% in Q4.

Keywords: Russian economy, households, labor market, social sentiment, internal migration, long-term migration, external labor migration

JEL Classification: D14, J01, J61, J62, F22, J11

Suggested Citation

Burdyak, Aleksandra and Grishina, Elena and Eliseeva, Marina and Lyashok, Victor and Maleva, Tatiana and Mkrtchyan, Nikita and Seredkina, Ekaterina and Florinskaya, Yulia and Khasanova, Ramilya, The Households’ Income, Poverty and Income Inequality in Russia in 2018 (September 5, 2019). Russian Economy in 2018. Trends and Outlooks (Issue 40). 2019. Moscow. IEP, pp. 311-338. Available at SSRN: https://ssrn.com/abstract=3449298 or http://dx.doi.org/10.2139/ssrn.3449298

Aleksandra Burdyak (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
+7 495 695 11 62 (Phone)

Elena Grishina

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

Prechistenskaya naberezhnaya 11
Moscow, Moscow 119034
Russia

Marina Eliseeva

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

Prechistenskaya naberezhnaya 11
Moscow, Moscow 119034
Russia

Victor Lyashok

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

Prechistenskaya naberezhnaya 11
Moscow, Moscow 119034
Russia

Tatiana Maleva

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

Moscow
Russia

Nikita Mkrtchyan

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

Prechistenskaya naberezhnaya 11
Moscow, Moscow 119034
Russia

Ekaterina Seredkina

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

Vernadskogo Prospect 82
Moscow, 119571
Russia

Yulia Florinskaya

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

Prechistenskaya naberezhnaya 11
Moscow, Moscow 119034
Russia

Ramilya Khasanova

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

Prechistenskaya naberezhnaya 11
Moscow, Moscow 119034
Russia

Moscow State University Economics Department ( email )

GSP-2, Leninskie Gory
Moscow, 119992
Russia

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