Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/33986
Title: Indicators of financial security on the micro-level : approach to empirical estimation
Authors: Nivorozhkina, L. I.
Alifanova, E. N.
Evlakhova, Y. S.
Tregubova, A. A.
Keywords: Economic security -- Russia
Economic security -- Law and legislation -- Russia
Economic development -- Russia
Crisis management -- Russia
Financial risk management -- Russia
Financial crises -- Russia
Financial security -- Russia
Issue Date: 2018
Publisher: University of Piraeus. International Strategic Management Association
Citation: Nivorozhkina, L. I., Alifanova, E. N., Evlakhova, Y. S., & Tregubova, A. A. (2018). Indicators of financial security on the micro-level : approach to empirical estimation. European Research Studies Journal, 21(Special issue 1), 324-332.
Abstract: The article suggests an original approach to economic security system indicators formation at micro level based on the assessment of changes in households’ living and financial behavior under economic crisis. An econometric implementation based on the triangular recursive system of equations is used with a multivariate probit model, dealing with unobservable individual heterogeneity, with the bias atributed to omitted variables and endogeneity. The estimation was performed according to the representative survey of the population “The Russia Longitudinal Monitoring Survey - Higher School of Economics (RLMS-HSE) (RLMS-HSE, 2017).
URI: https://www.um.edu.mt/library/oar//handle/123456789/33986
ISSN: 11082976
Appears in Collections:European Research Studies Journal, Volume 21, Special Issue 1

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