Poverty in the Russian Federation

Arbeitspapier

This paper is intended to shed light on the extent of poverty in the Russian Federation. We present estimates of poverty lines and poverty ratios derived from subjective questions used in a during data collection for a large household panel (RUSSET). We estimate poverty using a subjective approach, where the level of the poverty line is derived using the opinion of the individual, rich or poor, on poverty. This approach differs from the objective approach to poverty, which defines poverty according to the opinion of experts. Three subjective poverty lines are presented: one the Financial Satisfaction Poverty Line, two the Leyden Poverty Line, and three the Subjective Well-Being Poverty Line. The first two poverty lines are based on subjective questions regarding income and economic welfare while the last concept focuses on satisfaction with life as a whole. The results obtained are compared with each other and with results derived using ´objektive´measures and official figures.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IZA Discussion Papers ; No. 259

Classification and Topics

• Classification: Wirtschaft ; Single Equation Models; Single Variables: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions ; Personal Income, Wealth, and Their Distributions ; Welfare Economics: General ; Measurement and Analysis of Poverty
• Subject: Poverty ; subjective poverty ; Leyden approach ; well-being ; financial satisfaction ; Russian Federation ; Armut ; Disparitätsmaß ; Lebensstandard ; Meinung ; Theorie ; Russland ; Lebenszufriedenheit

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Ferrer-i-Carbonell, Ada ; van Praag, Bernard M. S.
• Event: Veröffentlichung
• (who): Institute for the Study of Labor (IZA)
• (where): Bonn
• (when): 2001

Further information

• Handle: http://hdl.handle.net/10419/21109
• Last update: 10.03.2025, 11:43 AM CET