CHARACTERISTICS OF THE FORMATION AND USE OF INCOME IN THE CONDITIONS OF FINANCIAL INSTABILITY
The trends in economic development of the past three years have negatively affected the income and living standards of Russia's population. The goal of this study is to identify the impact of financial instability on the dynamics and structure of cash income of Russian citizens, as well as the impact of these processes on the most important economic parameters for the development of the country. With the help of economic and statistical methods, the authors analyze the absolute and relative indicators characterizing the dynamics of cash earnings and directions of their use. The authors use systematic, logical analysis, methods of comparison and generalization. In this context, they use official data of the Russian statistics agency and Bank of Russia. In the course of their study, the authors identify general patterns of changes in the dynamics of cash income of the population and the structure of their use in the acute phase of the crisis and in the process of adaptation of citizens to the conditions of financial instability. The authors also define the factors influencing the economic behavior of citizens. Besides, the authors demonstrate and explain the following algorithm: given an apparent deterioration in economic conditions in the acute phase of the crisis, the rate of savings falls and rises sharply thereafter. The authors finally determine the effect of the economic behavior of citizens in key macroeconomic indicators and the state of Russian economy.