Analysis of monetary income of the population: time challenge

The article presents a theoretical and practical view of the income category; the concept of a household is considered. The analysis of the composition and structure of the monetary income of Russians in the whole country in the period from 2015 to 2019 is carried out and the regional aspect is presented: Nizhny Novgorod region population’s monetary income for this period is analyzed. On the basis of a comparative analysis of all-Russian trends in the composition and structure of population’s monetary income and the situation in the region, the current state of monetary income certain types individuals and the economic behavior of Russians is characterized. The author uses the methodology of the statistical survey of the population of Rosstat in the analysis of each Russians monetary income component; points out its disadvantages. The analysis of the composition and various components structure of Russians monetary income allows us to place emphasis on the sources of population’s monetary income in a market economy. The author highlights the income from entrepreneurial activity and emphasizes their importance in the market economy; considers the entrepreneurial activity of Russians in dynamics. The article provides a detailed analysis of the income from property indicator of the population of the country and in the Nizhny Novgorod region and justifies the most significant source of additional funds for the population at present. A critical assessment of the revealed dynamics of each population's monetary income component and the possibility of strengthening state structures control over the income and expenses of individuals is given.

Problems of formation of the income component of local budgets within the administrative-territorial reform in Ukraine

Reform of local autonomy and local organizational power has been fully initiated in Ukraine since 2015. Decentralization is one of the biggest changes in the process of European integration, aimed at forming a real local autonomous government, starting from the basic level — united communities. The newly formed community of the united territories must be able to provide the existing government and provide public services at the appropriate level. The main level of socio-economic stability in the administrative region largely depends on the correspondence and balance between the received financial resources and powers. It is expected that the introduction of the agricultural land market may lead to significant changes in the tax structure of integrated communities. The status and trends of formation and development of local budgets are influenced by certain provisions of the regulatory framework. Currently, the revenue side of the local government budget relies too much on government programs and grants, which complicates the work of local communities in the process of self-stimulating their economic development. At the same time, it is proved that special attention should be paid to the search for additional revenues to local budgets, which would compensate for the expected losses from the personal income tax on shares. It is also necessary to take measures to improve the administration process and ensure the proper implementation of the fiscal function of local taxes and fees. In particular, there is an objective need to study the possibility of transferring the administration of certain local taxes and providing access to relevant registers (in the case of property tax) to local governments, which will ensure adequate local tax revenues to relevant budgets and partially address the tax debt.

Hidden Incomes of Russian Households: Who Do They Have?

The article presents quantitative characteristics of the prevalence and volumes of hidden household incomes. An econometric estimate of the prevalence of hidden incomes was carried out on the panel data of the “Russian Monitoring of the Economic Situation and Health of the Population of the Higher School of Economics” (periods from 2000 to 2017), the size of the hidden income component was obtained on the basis of the Pissarides-Weber model. Estimates of the share of hidden income households and an estimate of the share of hidden incomes revealed two different trends: their predominant distribution among residents of villages and urban-type settlements and the larger size of these incomes among households of regional centers.

BON PRIX, PROFIT, AND CAPITAL ACCUMULATION IN QUESNAY

The article discusses François Quesnay’s dynamics of capital accumulation. First, we analyze the notion of bon prix to highlight the central analytical role played by profits in Quesnay’s growth dynamics. This leads us to challenge Ronald Meek’s interpretation ([1962] 2003) and to (re)propose Peter Groenewegen’s suggestion (1974 and 1983) that profits are not included in the net product for policy reasons. We also show that profits display features resembling a stable income component such as supervision wages (see Marx [1863] 1963). Second, we contest Steven Pressman’s argument (1994, pp. 143–154) that Quesnay missed the distinction between nominal and real variables by modeling how the farmers’ monetary interest (and profit) initiates the capital accumulation process (see Vaggi 1985), which over time leads to an increase of the (physical) surplus rate and thus of the net product in real terms.

Impact of Subsidy Schemes on the Economic Well-Being of Households in Vietnam

This paper uses the Propensity Score Matching method (PSM) to determine the criteria of eligibility for production and income subsidies and the Difference-in-Difference method (DID) to evaluate the impact of these policies on households’ economic well-being in Vietnam. The empirical results indicate that though these policies have not contributed to a clear economic well-being improvement of the participating households, their impacts tend to move in a positive direction. It should be noted that though these policies do not make the income/expenditure of the participating households increase, they help increase the income component from agricultural production significantly, especially for the group receiving production subsidies, and at the same time increase spending on durable goods and health care services in comparison with nonparticipating households.

Human Development and Economic Uncertainties: Exploring Another Dimension of Development

This study makes the case that economic uncertainties—i.e., the extent to which economies face systemic uncertainties—need to be considered another dimension of human development because they render development vulnerable, diminish social welfare, and constrain human capabilities. We propose a methodology for adjusting the human development index (HDI) for economic uncertainties, using the time variability of income changes as a proxy. We construct an adjusted index associated with the income component for the 2011 HDI. Our analysis indicates that such an index contains additional information. The percentage loss in the income component of the HDI seems to reflect the variability in economic indicators arising from the political and economic tribulations experienced by each country. In Pakistan’s case, the results of a timeseries analysis of the percentage loss from the uncertainty adjustment appear to closely trace the country’s political and economic upheavals.

Integration and Exclusion

Much contemporary policy seeking to address the problems of urban poverty and the failures of public housing focuses on deconcentrating poverty through the relocation of public housing residents to less-poor neighborhoods or by replacing large public housing complexes with mixed-income developments. Lying behind these efforts is a set of generally integrationist goals, aiming to remove public housing residents from contexts of isolation and concentrated disadvantage and settle them in safer, healthier, and more supportive environments that better connect them to resources, relationships, and opportunities. Although some of the goals of these efforts are being met, the broader integrationist goals are proving elusive. Focusing on the mixed-income component of Chicago’s Plan for Transformation—the most ambitious effort to remake public housing in the country—this article argues that a range of institutional actors (including developers, property management, community-based organizations, and the housing authority) and organizational behaviors (around design, service provision, intervention, deliberation, and representation) shape dynamics that reproduce exclusion and work against the integrationist goals of these policies.