Economic transition in Russia was accompanied by a precipitous decline in real income for most of the population. This article analyzes how the decline affected people's perception of the minimum level of income needed to make ends meet. Individual-level data collected from repeated surveys between March 1993 and September 1996 reveal that the elasticity of subjective minimum income with respect to actual median income was 1.5 or that people's subjective...
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INFORMATION
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1999/09/01
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Article de revue
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77301
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1
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1
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2013/05/17
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Disclosed
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Changes in the perception of the poverty line during the depression in Russia, 1993-96
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real income
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