Poverty in Russia

Citation:

Ferrer-i-Carbonell, Ada; & Van Praag, Bernard M.S. (2001). Poverty in Russia. Journal of Happiness Studies, 2(2), 147-172.

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Abstract:

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 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 objective measures and official figures.

URL:

http://dx.doi.org/10.1023/A:1011560530411

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Reference Type:
JOUR

Secondary Title:

Series Title:

Author(s):
Ferrer-i-Carbonell, Ada
Van Praag, Bernard M.S.

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Series Author(s):

Year Published:
2001

Date Published:

Journal Name:
Journal of Happiness Studies

Volume Number:
2

Issue Number:
2

Start Page Number:
147-172

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Series Volume:

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City of Publication:

ISSN/ISBN:
1389-4978

DOI:
10.1023/A:1011560530411

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NIHMSID:

Reference ID:
1064

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