Rich and powerful? Subjective power and welfare in Russia
AbstractDoes"empowerment"come hand-in-hand with higher economic welfare? In theory, higher income is likely to raise both power and welfare, but heterogeneity in other characteristics and household formation can either strengthen or weaken the relationship. Survey data on Russian adults indicate that higher individual and household incomes raise both self-rated power and welfare. The individual income effect is primarily direct, rather than through higher household income. There are diminishing returns to income, though income inequality emerges as only a minor factor reducing either aggregate power or welfare. At given income, the identified covariates have strikingly similar effects on power and welfare. There are some notable differences between men and women in perceived power.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by The World Bank in its series Policy Research Working Paper Series with number 2854.
Date of creation: 30 Jun 2002
Date of revision:
Public Health Promotion; Anthropology; Gender and Social Development; Economic Theory&Research; Windpower; Economic Theory&Research; Anthropology; Gender and Social Development; Inequality; Windpower;
Other versions of this item:
- Lokshin, Michael & Ravallion, Martin, 2005. "Rich and powerful?: Subjective power and welfare in Russia," Journal of Economic Behavior & Organization, Elsevier, vol. 56(2), pages 141-172, February.
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Kapteyn, A.J., 1994.
"The measurement of household cost functions: Revealed preference versus subjective measures,"
Open Access publications from Tilburg University
urn:nbn:nl:ui:12-364386, Tilburg University.
- Kapteyn, Arie, 1994. "The Measurement of Household Cost Functions: Revealed Preference versus Subjective Measures," Journal of Population Economics, Springer, vol. 7(4), pages 333-50, November.
- Clark, Andrew E & Oswald, Andrew J, 1994. "Unhappiness and Unemployment," Economic Journal, Royal Economic Society, vol. 104(424), pages 648-59, May.
- Korinek, Anton & Mistiaen, Johan A. & Ravallion, Martin, 2005.
"Survey nonresponse and the distribution of income,"
Policy Research Working Paper Series
3543, The World Bank.
- Bruno S. Frey & Alois Stutzer, 2000.
"Happiness, Economy and Institutions,"
CESifo Working Paper Series
246, CESifo Group Munich.
- Blanchflower, D.G. & Oswald, A.J., 1997. "A Study of Labour Markets and Youth Unemployment in Eastern Europe," The Warwick Economics Research Paper Series (TWERPS) 499, University of Warwick, Department of Economics.
- Ravallion, Martin & Lokshin, Michael, 2002. "Self-rated economic welfare in Russia," European Economic Review, Elsevier, vol. 46(8), pages 1453-1473, September.
- Pollak, R.A., 1990.
"Welfare Comparisons And Situations Comparisons,"
Discussion Papers in Economics at the University of Washington
90-11, Department of Economics at the University of Washington.
- Browning, Martin, 1992. "Children and Household Economic Behavior," Journal of Economic Literature, American Economic Association, vol. 30(3), pages 1434-75, September.
- Oswald, Andrew J, 1997.
"Happiness and Economic Performance,"
Royal Economic Society, vol. 107(445), pages 1815-31, November.
- Oswald, Andrew, 1997. "Happiness and Economic Performance," The Warwick Economics Research Paper Series (TWERPS) 478, University of Warwick, Department of Economics.
- Oswald, A.J., 1997. "Happiness and Economic Performance," Papers 18, Centre for Economic Performance & Institute of Economics.
- Menno Pradhan & Martin Ravallion, 2000. "Measuring Poverty Using Qualitative Perceptions Of Consumption Adequacy," The Review of Economics and Statistics, MIT Press, vol. 82(3), pages 462-471, August.
- Easterlin, Richard A., 1995. "Will raising the incomes of all increase the happiness of all?," Journal of Economic Behavior & Organization, Elsevier, vol. 27(1), pages 35-47, June.
- Ravallion, Martin & Lokshin, Michael, 2000.
"Identifying welfare effects from subjective questions,"
Policy Research Working Paper Series
2301, The World Bank.
- Ravallion, Martin & Lokshin, Michael, 2001. "Identifying Welfare Effects from Subjective Questions," Economica, London School of Economics and Political Science, vol. 68(271), pages 335-57, August.
- Kapteyn, A.J., 1994. "The measurement of household cost functions: Revealed preference versus subjective measures," Discussion Paper 1994-3, Tilburg University, Center for Economic Research.
- Winkelmann, Liliana & Winkelmann, Rainer, 1998. "Why Are the Unemployed So Unhappy? Evidence from Panel Data," Economica, London School of Economics and Political Science, vol. 65(257), pages 1-15, February.
- Basu, Kaushik & Narayan, Ambar & Ravallion, Martin, 1999. "Is knowledge shared within households?," Policy Research Working Paper Series 2261, The World Bank.
- Ekaterina Selezneva, 2010.
"Surveying transitional experience and subjective well-being : Income, work, family,"
279, Institut für Ost- und Südosteuropaforschung (Institute for East and South-East European Studies).
- Selezneva, Ekaterina, 2011. "Surveying transitional experience and subjective well-being: Income, work, family," Economic Systems, Elsevier, vol. 35(2), pages 139-157, June.
- Kristian Bolin & Daniel Hedblom & Anna Lindgren & Bjorn Lindgren, 2010. "Asymmetric Information and the Demand for Voluntary Health Insurance in Europe," NBER Working Papers 15689, National Bureau of Economic Research, Inc.
- Lokshin, Michael & Umapathi, Nithin & Paternostro, Stefano, 2004.
"Robustness of subjective welfare analysis in a poor developing country - Madagascar 2001,"
Policy Research Working Paper Series
3191, The World Bank.
- Michael Lokshin & Nithin Umapathi & Stefano Paternostro, 2006. "Robustness of subjective welfare analysis in a poor developing country: Madagascar 2001," The Journal of Development Studies, Taylor and Francis Journals, vol. 42(4), pages 559-591.
- Yonas Alem & Jonathan Colmer, 2013. "Don’t Worry, Be Happy: The Welfare Cost of Climate Variability – A Subjective Well-Being Approach," Grantham Research Institute on Climate Change and the Environment Working Papers 118, Grantham Research Institute on Climate Change and the Environment.
- Martin Ravallion, 2011.
"On multidimensional indices of poverty,"
Journal of Economic Inequality,
Springer, vol. 9(2), pages 235-248, June.
- Stillman, Steven & Gibson, John & McKenzie, David & Rohorua, Halahingano, 2012.
"Miserable Migrants? Natural Experiment Evidence on International Migration and Objective and Subjective Well-Being,"
IZA Discussion Papers
6871, Institute for the Study of Labor (IZA).
- Steven Stillman & John Gibson & David McKenzie & Halahingano Rohorua, 2012. "Miserable Migrants? Natural Experiment Evidence on International Migration and Objective and Subjective Well-Being," CReAM Discussion Paper Series 1228, Centre for Research and Analysis of Migration (CReAM), Department of Economics, University College London.
- Shmueli, Amir, 2008. "The demand for clinical information and for involvement in medical treatment decision making: An empirical examination in the general population," The Journal of Socio-Economics, Elsevier, vol. 37(5), pages 1746-1755, October.
- Lee, Yong-Woo, 2012. "Asymmetric information and the demand for private health insurance in Korea," Economics Letters, Elsevier, vol. 116(3), pages 284-287.
- Victoria Giarrizzo, 2009. "Subjective economic welfare: Beyond growth," Economía, Instituto de Investigaciones Económicas y Sociales (IIES). Facultad de Ciencias Económicas y Sociales. Universidad de Los Andes. Mérida, Venezuela, vol. 34(28), pages 9-34, July-Dece.
- Leonardo Becchetti & Stefano Castriota & Nazaria Solferino, 2011. "Development Projects and Life Satisfaction: An Impact Study on Fair Trade Handicraft Producers," Journal of Happiness Studies, Springer, vol. 12(1), pages 115-138, March.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Roula I. Yazigi).
If references are entirely missing, you can add them using this form.