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Books > Business & Economics > Economics > Econometrics > Economic statistics
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Economic Growth and the Middle Class in an Economy in Transition - The Case of Russia (Hardcover, 1st ed. 2017)
Loot Price: R3,740
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Economic Growth and the Middle Class in an Economy in Transition - The Case of Russia (Hardcover, 1st ed. 2017)
Series: Economic Studies in Inequality, Social Exclusion and Well-Being
Expected to ship within 12 - 17 working days
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This book studies the evolution of the middle class in Russia after
the fall of the Soviet Union. Using data from the RLMS (Russian
Longitudinal Monitoring Survey), the volume covers the period of
transition (1991-2008) during which many fundamental economic
reforms were implemented. The first part of the book is devoted to
a discussion of the concept of middle class and a description of
the economic situation in Russia during the transition period.
Particular attention is given to variations in the distribution of
Russian incomes and the estimated importance of the middle class.
The second part of the book focuses on the link between the middle
class and income bipolarization. The third and last section of the
book uses the semiparametric "mixture model" to discover how many
different groups may be derived from the income distribution in
Russia, as well as what the main socio-economic and demographic
characteristics of those groups are. The mobility of households
into and out of the middle class during the transition period is
also studied in hopes of determining the factors that contribute to
such mobility. Using rigorous empirical methods, this volume sheds
light on a relatively unstudied economic group and provides insight
for countries which are about to enter a transition period. As
such, this book will be of great interest to researchers in
economics and inequality as well as professionals and practitioners
working with international organizations.
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