Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/240362 
Year of Publication: 
2020
Series/Report no.: 
BOFIT Discussion Papers No. 11/2020
Publisher: 
Bank of Finland, Institute for Economies in Transition (BOFIT), Helsinki
Abstract: 
The microeconomic drivers of medium- and short-term income mobility in Russia over the period 1996-2016 are investigated using data from the Russian Longitudinal Monitoring Survey (RLMS). Focusing on the role of access to credit in triggering household income growth, the descriptive analysis suggests that high levels of mobility materialising in pro-poor patterns of growth may accompany Russia's notoriously high levels of inequality. Controlling for other personal and household characteristics, the econometric model for drivers of income mobility indicates that access to credit boosts income mobility. Complementary empirical evidence suggests that this effect may unfold through channels related to the labour market and non-labour sources of income.
Subjects: 
income mobility
credit access
Russia
RLMS
JEL: 
D31
H81
J60
O15
Persistent Identifier of the first edition: 
ISBN: 
978-952-323-327-0
Document Type: 
Working Paper

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