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The impact of the retirement age increase on the poverty level of the Russian population: Microsimulation analysis

Yury Gorlin (), Marina Kartseva () and Victor Lyashok ()
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Yury Gorlin: RANEPA, Moscow, Russian Federation
Victor Lyashok: RANEPA, FRI, Moscow, Russian Federation

Applied Econometrics, 2019, vol. 54, 26-50

Abstract: This paper analyzes the impact of the recent retirement age increase in the Russian Federation on the level of absolute income poverty of the population in the period 2018–2028. The main research method is microsimulation analysis. The results of the work show that the level of absolute income poverty of the population of the Russian Federation is almost neutral to the retirement age increase. However, the poverty rate of pre-pensioners as a result of raising the retirement age may slightly increase. The magnitude of the effect varies depending on the education of pre-pensioners.

Keywords: retirement age; poverty; microsimulation analysis (search for similar items in EconPapers)
JEL-codes: C53 D31 H55 I38 (search for similar items in EconPapers)
Date: 2019
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