Preview

Vestnik of the Plekhanov Russian University of Economics

Advanced search

ANALYSIS OF MEASURED EXPENDITURES AND INCOME OF RUSSIAN HOUSEHOLDS

https://doi.org/10.21686/2413-2829-2017-3-35-43

Abstract

In this study, using data drawn from RLMS (1994-2014) we present generalized analysis of structural dynamics of income and expenditure parts of urban and rural household budgets in Russia in the context of consumption smoothing theory. Employing index of structural dynamics known as Ryabtsev index we defined periods of the most significant structural changes in income and expenditures of Russian population. Our calculations show that the most of changes in income and expenditures took place during the crisis of 1998 and the boost of 2006. Analysis of changes suggests that consumption preferences of Russian people lie in the framework of consumption smoothing theory.

About the Authors

Maxym V. Bryukhanov
National Research University Higher School of Economics
Russian Federation

PhD, Assistant Professor, Junior Research Fellow Center for Institutional Studies NRU-HSE

4/2 Slavianskaya Sq., Moscow, 109074, Russian Federation



Sergiy S. Polyachenko
University of New Brunswick
Canada

Post-Graduate Student of the Department for Civil Engineering of the University of New Brunswick

3 Bailey Dr, office 229B, Fredericton, NB E3B 5A3, Canada



References

1. Ovcharova L. N., Biryukova S. S., Ter-Akopov S. A., Vardanyan E. G. Chto izmenilos' v dokhodakh, raskhodakh i potreblenii rossiyskogo naseleniya [What has Changed in Earnings, Expenses and Consumption of the Russian Population]. Moscow, NIU VShE, 2014. (In Russ.).

2. Ovcharova L. N., Popova D. O. Dokhody i raskhody rossiyskikh domashnikh khozyaystv: chto izmenilos' v massovom standarte potrebleniya [Earnings and Expenses of Russian Households: What has Changed in Mass Standard of Consumption]. Mir Rossii. Sotsiologiya. Etnologiya [Russian World. Sociology. Ethnology], 2013, No. 3 (22), pp. 3–34. (In Russ.).

3. Suvorov A. V. Problemy analiza differentsiatsii dokhodov i postroeniya differentsirovannogo balansa denezhnykh dokhodov i raskhodov naseleniya [Problems of Analyzing Income Differentiation and Setting Differentiated Balance of Money Earnings and Expenses f the Population]. Problemy prognozirovaniya [Issues of Forecasting], 2001, No. 1, pp. 58–74. (In Russ.).

4. Suvorov A. V. Struktura denezhnykh dokhodov i raskhodov naseleniya v sovremennoy Rossii [Structure of Money Earnings and Expenses of the Population in Today’s Russia]. Problemy prognozirovaniya [Issues of Forecasting], 2004, No. 5, pp. 63–75. (In Russ.).

5. Consumer Price Index Manual: Theory and Practice. International Labor Organization, 2004, August 25.

6. Escobal J. The Determinants of Nonfarm Income Diversification in Rural Peru. World Development, 2001, No. 3 (29), pp. 497–508.

7. Gorodnichenko Y., Sabirianova P. K., Stolyarov D. Inequality and Volatility Moderation in Russia: Evidence from Micro-Level Panel Data on Consumption and Income. Review of Economic Dynamics, 2010, No. 1 (13), pp. 209–237.

8. Hall R. E. Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence. Journal of Political Economy, 1978, No. 6 (86), pp. 971–987.

9. Janvry A. D., Sadoulet E. Income Strategies Among Rural Households in Mexico: The Role of Off-Farm Activities. World Development, 2001, No. 3 (29), pp. 467–480.

10. Karpov A. Measurement of Disproportionality in Proportional Representation Systems. Mathematical and Computer Modelling, 2008, No. 9 (48), pp. 1421–1438.

11. Wilcox D. W. Social Security Benefits, Consumption Expenditure, and the Life Cycle Hypothesis. The Journal of Political Economy, 1989, pp. 288–304.

12. Zeldes S. P. Consumption and Liquidity Constraints: an Empirical Investigation. The Journal of Political Economy, 1989, pp. 305–346.


Review

For citations:


Bryukhanov M.V., Polyachenko S.S. ANALYSIS OF MEASURED EXPENDITURES AND INCOME OF RUSSIAN HOUSEHOLDS. Vestnik of the Plekhanov Russian University of Economics. 2017;(3):35-43. (In Russ.) https://doi.org/10.21686/2413-2829-2017-3-35-43

Views: 519


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 2413-2829 (Print)
ISSN 2587-9251 (Online)