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Item Details
Title: ECONOMIC GROWTH AND THE MIDDLE CLASS IN AN ECONOMY IN TRANSITION
THE CASE OF RUSSIA
By: Zoya Nissanov
Format: Hardback

List price: £99.99


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ISBN 10: 3319510932
ISBN 13: 9783319510934
Publisher: SPRINGER INTERNATIONAL PUBLISHING AG
Pub. date: 9 February, 2017
Edition: 1st ed. 2017
Series: Economic Studies in Inequality, Social Exclusion and Well-Being
Pages: 118
Synopsis: 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.
Illustrations: 19 black & white illustrations, 29 colour illustrations, 29 colour tables,
Publication: Switzerland
Imprint: Springer International Publishing AG
Returns: Returnable
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