ASSESSMENT OF STANDARD OF LIVING ON INCOMES

Ermakova Eka Revazievna1, Admajkina Elena Vyacheslavovna2
1Mordovian state University named by N.P. Ogaryov, associate professor, chair of economic theory
2Mordovian state University named by N.P. Ogaryov, 3rd year student of faculty of architecture and construction

Abstract
The article is devoted to ensure a decent standard of living, considered through the prism of income and guaranteeing a living wage. The work focuses on the fact that in Russia there is a mismatch cost of the consumer basket and the minimum wage. The conclusion is made about necessity of development of mechanisms for direct support of the population with incomes below the subsistence minimum.

Keywords: average wage, consumer basket, minimum wage, standard of living


Category: 08.00.00 Economics

Article reference:
Assessment of standard of living on incomes // Modern scientific researches and innovations. 2015. № 11 [Electronic journal]. URL: https://web.snauka.ru/en/issues/2015/11/59669

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