Abstract
This chapter provides a description of the economic situation in Russia during the transition period, looking at the main macro-indicators. The chapter describes also the database used in this study.
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Notes
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Available at http://www.ebrd.com/home.
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More information can be found at http://www.cpc.unc.edu/projects/rlms-hse.
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Moreover, we found that the available regional indices are strongly correlated with the total CPI for the Russian Federation; therefore, changes in the national index should be good proxies for changes in the local ones.
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This scale assigns a value of 1 to the head of the household, a value of 0.7 to each additional adult and a value of 0.5 to each child (until age 17).
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Note that in the panel dataset there is a higher share of poor households. This is because as reported on the official RLMS website, households with better economic positions and households in urban areas are more likely to drop out of the sample.
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Nissanov, Z. (2017). On the Transition in Russia. In: Economic Growth and the Middle Class in an Economy in Transition. Economic Studies in Inequality, Social Exclusion and Well-Being. Springer, Cham. https://doi.org/10.1007/978-3-319-51094-1_2
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DOI: https://doi.org/10.1007/978-3-319-51094-1_2
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