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Household well-being under sanctions: Insights from the Russian longitudinal monitoring survey

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  • Parviainen, Sinikka
  • Pyle, William

Abstract

This Policy Brief examines the economic well-being of Russian households in the wake of warrelated sanctions, leveraging ten years of data from the Russian Longitudinal Monitoring Survey (RLMS). Building on macroeconomic indicators suggesting resilience, we analyze subjective wellbeing, consumption patterns, and financial security across demographic and geographic groups. Our general findings point to increased satisfaction and savings, although we also find disparities. Ethnic Russians, for one, appear to be doing relatively well, whereas the opposite holds for retirement age citizens. The results offer insight into Russia's adaptability to sanctions and carry implications for political stability.

Suggested Citation

  • Parviainen, Sinikka & Pyle, William, 2025. "Household well-being under sanctions: Insights from the Russian longitudinal monitoring survey," BOFIT Policy Briefs 8/2025, Bank of Finland Institute for Emerging Economies (BOFIT).
    • Handle: RePEc:zbw:bofitb:314418
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    References listed on IDEAS

    as
    1. Solanko, Laura, 2024. "Where do Russia's mobilized soldiers come from? Evidence from bank deposits," BOFIT Policy Briefs 1/2024, Bank of Finland Institute for Emerging Economies (BOFIT).
    2. Simola, Heli, 2024. "Detecting irregularities in Russian economic statistics," BOFIT Policy Briefs 9/2024, Bank of Finland Institute for Emerging Economies (BOFIT).
    3. Simola, Heli, 2023. "The role of war-related industries in Russia's recent economic recovery," BOFIT Policy Briefs 16/2023, Bank of Finland Institute for Emerging Economies (BOFIT).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Russia; households; economy; sanctions; war;
    All these keywords.

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