REGIONAL ASPECT OF POVERTY AMONG OLDER ADULTS IN RUSSIA

In world economic science and politics, the fight against poverty and inequality continues to be relevant, despite decades of efforts to overcome them. For people of working age and below working age, efforts have traditionally been focused on ensuring access to education and jobs. Alleviating old-age poverty is less straightforward because of the lower marginal utility of education and declining opportunities for access to high-paying jobs. It is assumed that the well-being of the older generation is guaranteed either by the state or by the elderly themselves, who receive returns on investments made during their life course. The purpose of this study was to search for institutional and personal factors that act and form throughout the life course and determine the well-being of older adults. We tested such factors as education, work experience, number of household members, marital status, gender, area of residence (city vs rural) and region of residence. Methods: the method of descriptive statistics and correlation analysis on the samples of the Comprehensive Monitoring of Living Conditions (CMLC-2018) for people of retirement age in Russia. Additionally, to verify the results, we used the data from the Sample Survey of Population Income and Participation in Social Programs (VNDN-2017) and the European Social Survey (ESS-2018). Results. Correlations between indicators of socioeconomic status showed that only the number of household members in VNDN and ESS samples significantly and strongly positively correlates with income in old age. Unemployment has a negative correlation with income for city residents and women. Differences in absolute and relative poverty assessments for Federal districts vary from 1 to 240 %. Subjective poverty among households in Russia exceeds 50 %.