CHANGES IN THE LEVEL AND STRUCTURE OF HOUSEHOLD INCOME IN UKRAINE UNDER THE INFLUENCE OF A FULL-SCALE WAR

Keywords: incomes, structural shifts, financial stability, poverty, full-scale war

Abstract

The article is devoted to topical issues of the study of changes in the incomes of the population of Ukraine under the influence of a full-scale war. The dynamics of the population's income in comparison with the last pre-war year, both in current prices and in the prices of the base year, 2021, were analyzed. Structural shifts in incomes have been studied, it should be noted that the income structure that was used in the survey of the socioeconomic situation of households corresponds to the indicator "aggregate household resources", which was used in the survey of the living conditions of households, conducted on a permanent basis by the State Statistics Service of Ukraine until 2022. An important advantage of the new survey is the opportunity to analyze the households’ self-assessed income levels and material well-being in general. The assessment of material well-being is an additional characteristic of existing savings, which households prefer not to disclose information about in modern conditions. An important addition to self-assessment is the analysis of the amount of funds that households lack to lead a normal lifestyle, this additional characteristic makes it possible to verify the reliability of self-assessment of the income. The level of financial stability was studied; it is not only about the availability of funds, but how adequately people assess the economic situation in the country, its possible changes in the short and long term. The most accurate description of the current economic situation in the country, from the point of view of households, is the self-assessment of savings: how much they will have enough for if the income they currently have disappears. It should be noted that usually, households focus on the current or habitual level of expenses, which increases the level of reliability of this indicator. For the first time since pre-war times, the level of absolute poverty of households was calculated rather than modeled, which made it possible to obtain new guidelines for forecasting this important characteristic. An analysis of the level of absolute poverty by different criteria for the main types of households proved that the full-scale invasion did not change either the list of the most at-risk groups or the correlation between them. In addition, the results of the survey of the socioeconomic situation outlined both the necessary changes during its further implementation and important additions that will allow for a more accurate assessment of the level and structure of incomes, as well as their changes under the influence of war.

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Published
2024-04-29
How to Cite
Shyshkin , V. (2024). CHANGES IN THE LEVEL AND STRUCTURE OF HOUSEHOLD INCOME IN UKRAINE UNDER THE INFLUENCE OF A FULL-SCALE WAR. Economy and Society, (62). https://doi.org/10.32782/2524-0072/2024-62-166
Section
ECONOMICS