28th CIRET Conference, Rome, September , We Differ. Are We Different? (Comparing Consumer Sentiments in Russia, Europe, and USA) We Differ. Are We Different? (Comparing Consumer Sentiments in Russia, Europe, and USA) Dilyara Ibragimova, Sergey Nikolaenko

28th CIRET Conference, Rome, September , Objectives Transition of Russian economy after perestroika are reflected in the people’s minds, their sentiments, perceptions, estimates and in their behavior. What changes are taking place in the people’s estimates? What are they impacted by and how? To what extent do the people’s evaluations correspond to the consumers’ behavior “standards” in developed countries? What are the specific and common features of the Russian society progression towards the market reality? Goal: To reveal of similar and specific patterns of consumer behavior in Russia by comparison with other countries.

28th CIRET Conference, Rome, September , Main issues: ► General changes in consumer sentiments in ► Consumer Sentiments of Various Demographic and Economic Groups ► Comparing Inter-Element Correlations of CSI Components

28th CIRET Conference, Rome, September , Data sources: ► Primary data of consumer surveys in Russia conducted by uniform methodology since Surveys are conducted once in 2 months by the all-Russian representative sample (N=2100), the overall massive - > respondents. ► Time series of CSI in European countries and the USA. USA: data from the Survey Research Center at the University of Michigan Europe:information about relevant indices accumulated by OECD and EC within the framework of creating a system of leading indicators for individual country. ► Official statistical and macroeconomic data.

28th CIRET Conference, Rome, September , CSI Dynamics in : Proportion of optimists and pessimists

28th CIRET Conference, Rome, September , CSI Dynamics in : Comparison of the USA and Russia (annual average values)

28th CIRET Conference, Rome, September , Dynamics of the Current Index and Expected Index in (average annual values) а) Russia b) USA

28th CIRET Conference, Rome, September , Dynamics of CSI components in : current components (average annual values) а) Russiab) USA

28th CIRET Conference, Rome, September , Dynamics of CSI components in : components of expectations (average annual values) а) Russiab) USA

28th CIRET Conference, Rome, September , CSI Dynamics Depending of the Respondent’s Gender а) Russiab) USA

28th CIRET Conference, Rome, September , Gap in the levels of the CSI components between “rich” (9-10 deciles) and “poor” (1-2 deciles): comparison of Russia ( ) and the USA ( )

28th CIRET Conference, Rome, September , Age and Income Profile of the Respondents, % а) Russiab) USA

28th CIRET Conference, Rome, September , Dynamics of Buying Conditions Index by Age Groups а) Russia b) USA

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