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Chronic and transient poverty in the Russian Federation

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  • Bradford Mills
  • Elton Mykerezi

Abstract

This article examines poverty dynamics in the Russian Federation from 1994 through the financial crisis in the late 1990s and into the more recent economic recovery. The severity of poverty in the Russian Federation is found to stem largely from transient, rather than chronic, spells of economic hardship. Exposure to transient poverty is strongly influenced by household levels of workforce participation, educational assets and physical assets, as well as by local economic conditions. Workforce participation and physical assets also mitigate exposure to chronic poverty. The importance of these determinants of transient and chronic poverty appears to change in the pre-crisis and post-crisis periods. But the severity of chronic poverty does not increase, suggesting that the combined movement towards a market economy and the financial crisis did not generate a new underclass of chronically poor households.

Suggested Citation

  • Bradford Mills & Elton Mykerezi, 2009. "Chronic and transient poverty in the Russian Federation," Post-Communist Economies, Taylor & Francis Journals, vol. 21(3), pages 283-306.
  • Handle: RePEc:taf:pocoec:v:21:y:2009:i:3:p:283-306 DOI: 10.1080/14631370903090590
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    References listed on IDEAS

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    1. Konstantin Gluschenko, 2004. "Analysing changes in market integration through a cross-sectional test for the law of one price," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 9(2), pages 135-149.
    2. Daniel Berkowitz & David N. DeJong, 2001. "The evolution of market integration in Russia," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 9(1), pages 87-104, March.
    3. Vincent Koen & Steven T Phillips, 1992. "Price Liberalization in Russia; The Early Record," IMF Working Papers 92/92, International Monetary Fund.
    4. Steven T Phillips & Vincent Koen, 1993. "Price Liberalization in Russia; Behavior of Prices, Household Incomes, and Consumption During the First Year," IMF Occasional Papers 104, International Monetary Fund.
    5. Berkowitz, Daniel & DeJong, David N., 2003. "Regional integration: an empirical assessment of Russia," Journal of Urban Economics, Elsevier, vol. 53(3), pages 541-559, May.
    6. Gluschenko, Konstantin, 2006. "Russia's common market takes shape : price convergence and market integration among Russian regions," BOFIT Discussion Papers 7/2006, Bank of Finland, Institute for Economies in Transition.
    7. Konstantin Gluschenko, 2003. "Market integration in Russia during the transformation years," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 11(3), pages 411-434, September.
    8. Paula De Masi & Vincent Koen, 1996. "Relative Price Convergence in Russia," IMF Staff Papers, Palgrave Macmillan, vol. 43(1), pages 97-122, March.
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    Cited by:

    1. Irina Denisova, 2007. "Entry to and Exit from Poverty in Russia: Evidence from Longitudinal Data," Working Papers w0098, Center for Economic and Financial Research (CEFIR).
    2. Kumo, Kazuhiro, 2015. "Research on Poverty in Transition Economies: A Meta-analysis on Changes in the Determinants of Poverty," RRC Working Paper Series 51, Russian Research Center, Institute of Economic Research, Hitotsubashi University.

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