Inequality and Welfare Dynamics in the Russian Federation during 1994-2015
The Russian Federation offers the unique example of a leading centrally planned economy swiftly transforming itself into a market-oriented economy. This paper offers a comprehensive study of inequality and mobility patterns for Russia, using multip...
| Main Authors: | , , , |
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| Language: | English |
| Published: |
World Bank, Washington, DC
2018
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/897011540838761109/Inequality-and-Welfare-Dynamics-in-the-Russian-Federation-during-1994-2015 http://hdl.handle.net/10986/30649 |
| Summary: | The Russian Federation offers the unique
example of a leading centrally planned economy swiftly
transforming itself into a market-oriented economy. This
paper offers a comprehensive study of inequality and
mobility patterns for Russia, using multiple rounds of the
Russian Longitudinal Monitoring Surveys over the past two
decades spanning this transition. The findings show rising
income levels and decreasing inequality, with the latter
being mostly caused by pro-poor growth rather than
redistribution. The poorest tercile experienced a growth
rate that was more than 10 times that of the richest
tercile, leading to less long-term inequality than
short-term inequality. The analysis also finds that
switching from a part-time job to a full-time job, from a
lower-skill job to a higher-skill job, or staying in the
formal sector is statistically significantly associated with
reduced downward mobility and increased income growth.
However, a similar transition from the private sector to the
public sector is negatively associated with income growth. |
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