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Poverty in Russia

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

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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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.




JOUR



Ferrer-i-Carbonell, Ada
Van Praag, Bernard M.S.



2001


Journal of Happiness Studies

2

2

147-172






1389-4978

10.1023/A:1011560530411



1064