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

Author

Listed:
  • Gorlin, Yury

    (RANEPA, Moscow, Russian Federation)

  • Kartseva, Marina

    (RANEPA, Moscow, Russian Federation)

  • Lyashok, Victor

    (RANEPA, FRI, Moscow, Russian Federation)

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.

Suggested Citation

  • Gorlin, Yury & Kartseva, Marina & Lyashok, Victor, 2019. "The impact of the retirement age increase on the poverty level of the Russian population: Microsimulation analysis," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 54, pages 26-50.
    • Handle: RePEc:ris:apltrx:0366
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    References listed on IDEAS

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    More about this item

    Keywords

    retirement age; poverty; microsimulation analysis;
    All these keywords.

    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs

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