Year of Graduation
Financial Behavior of the Middle Income Group: Regional Specifics
The aim of current work is to study saving decisions as an aspect of financial behaviour of middle-income groups in Russia and Russian regions. Current study proposes a new classification of Russian regions based on their social structures. Moreover, current study evolves patterns of financial behaviour of middle-income group in Russia. As a result, it was revealed that middle-income group is the widest in the income stratification of Russia and every Russian region. Another result of the study revealed that middle-income group is more likely to demonstrate positive type of financial behaviour in the field of savings.