Middle-Class Russians Reduce Spending When It Comes to Themselves but Not Their Children
Middle-class Russians are more likely to reduce spending on the development of their own human capital and prioritize investing in their children instead, particularly when it comes to their children’s education. This is evidenced by a study conducted by the Centre for Studies of Income and Living Standards of HSE University.
Russians Are Switching to Wine and Beer: Alcohol Consumption Patterns are Increasingly Dependent on Non-Economic Factors
Social class does not strongly influence the kind of alcohol Russians drink. Gender, age, education and place of residence are more important. For example, young people prefer beer, wines are primarily popular among women, and ‘moonshine in combination with other drinks’ are mainly consumed by the older age groups. This was the conclusion reached by HSE University researchers.
HSE University Experts Analysed How Personality Affects Earnings and Career Outcomes
Openness, friendliness, tenacity, motivation, risk-taking, self-control and other non-cognitive components of human capital can be important determinants of earnings. And parental investment in their children’s non-cognitive skills affects their future academic and career success. This is set out in the work of HSE University’s Centre for Labour Market Studies (CLMS).
Russia’s Middle Class: Between a ‘Sticky Floor’ and a ‘Sticky Ceiling’
Upward and especially downward income mobility in Russia is higher than in developed countries, making it difficult to form a fully-fledged middle class. And the likelihood of being trapped in long-term poverty turns out to be greater than the transition to stable affluence. This is the conclusion reached by HSE University experts.
Trapped by a Flexible Schedule:
The Pain and Price of Freelance Work
Personality at Work
How personality determines career success
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Russia’s Middle Class
Who are its members and how do they spend their money?