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Incomes and the poverty line of the population

Elena Grishina, Viktor Lyashok, Alla Makarentseva, Tatiana Maleva, Nikita Mkrtchian, Yulia Florinskaya, Ramilya Khasanova and Alexandra Burdyak
Additional contact information
Elena Grishina: RANEPA
Viktor Lyashok: RANEPA
Alla Makarentseva: RANEPA
Tatiana Maleva: RANEPA
Nikita Mkrtchian: RANEPA
Yulia Florinskaya: RANEPA
Ramilya Khasanova: RANEPA
Alexandra Burdyak: RANEPA

Published Papers from Gaidar Institute for Economic Policy

Abstract: The reduction in real disposable cash income was due to the economic difficulties caused by the proliferation of the coronavirus infection The shutdown of a host of organizations in spring 2020 and the decline in consumer demand, in the first place for non-food products and services, reported in Q2-4 2020 (retail sales turnover came to 84.0, 98.4 and 97.2%, respectively of the same period of 2019) resulted in the cut in household incomes. In 2020, the total value of cash incomes of the population went down by 3.0% in real terms against 2019, while the amount of remuneration of wages and salaries of employees decreased by merely 0.9% in real terms.

Keywords: Russian economy; households; labor market; social sentiment; internal migration; long-term migration; external labor migration (search for similar items in EconPapers)
JEL-codes: D14 F22 J01 J11 J61 J62 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2021, Revised 2021
New Economics Papers: this item is included in nep-cis, nep-isf and nep-tra
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