Abstract
Presently, population ageing is one of the main demographic trends in developed countries, including Russia. The article analyzes changes in life satisfaction of individuals aged 45–72 and reflects the main factors influencing this indicator. The research method employed in the study is econometric analysis based on data of the 21st, 23rd, 25thand 27th rounds of the annual Russian Longitudinal Monitoring Survey – Higher School of Economics (RLMS-HSE). The analysis showed that such indicators as self-assessment of health, income, having a pension and a permanent marital partner had a significant positive impact on life satisfaction for older individuals. It has been revealed that for both sexes an important factor of life satisfaction is the employment status, while the kind of activity turned out to be not statistically significant. The family status and family composition do not have any significant impact on life satisfaction for men, but they do for women.
Highlights
IntroductionAccording to the high version of the forecast presented by the Russian Federal State Statistic Service (Rosstat 2019), by 2036 the population aged 40–55 years will make up the largest share of the total population
Population ageing is one of the most striking modern demographic trends in Russia
58 Fokina VV et al.: Analysis of life satisfaction of the older population in Russia based on the RLMS-HSE microdata
Summary
According to the high version of the forecast presented by the Russian Federal State Statistic Service (Rosstat 2019), by 2036 the population aged 40–55 years will make up the largest share of the total population. In such circumstances, studying the life satisfaction level among older population and its influencing factors is of particular interest. According to the World Health Organization, over the last 10 years, life expectancy at the age of 60 has been steadily increasing in Russia, which may indicate an improvement in the health care system and, as a result, the ability of people to work longer.
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