Statistical assessment of economic behaviour of households according to RLMS data

Abstract

Using cluster analysis and based on RLMS-HSE longitudinal monitor data the authors have executed a classification of Russian households. The purpose was to identify transformations in household’s economic behavior in the post-crisis period and the period of recession. According to the different years were analyzed structural changes in clusters and identified the major archetypes of household’s behavior. Results of the research showed that a decline in the ruble, international sanctions have changed the structure of household’s consumptions and the nature of economic behavior. The increase of food’s expenses and obligations for the credits became the main tendency.