000			01474pab a2200181 454500
008			180718b1999 xxu||||| |||| 00| 0 eng d
100			_aMilanovic, Branko
245			_aChanges in the perception of the poverty line during the depression in Russia, 1993-96
260			_c1999
300			_ap.539-59
362			_aSep
520			_aEconomic transition in Russia was accompanied by a precipitous decline in real income for most of the population. This article analyzes how the decline affected people's perception of the minimum level of income needed to make ends meet. Individual-level data collected from repeated surveys between March 1993 and September 1996 reveal that the elasticity of subjective minimum income with respect to actual meddian income was 1.5 or that people's subjective estimate of the minimum income for an adult Russian fell about 1.7 percent each month. This sharp reduction in the face of a decrease in real income meant that the percentage of the population who felt that they were poor declined, even though poverty remained at a very high level (more than 60 percent of the population) throughout the period. This self-perception is in marked contrast to an "objective" measure of poverty: the percentage of the population whose income was less than a given real poverty line rose. - Reproduced
650			_aPoverty - Russia
650			_aPoverty
700			_aJovanovic, Branko
773			_aWorld Bank Economic Review
909			_a43979
999			_c43979 _d43979