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Change in the perception of the poverty line during times of depression : Russia 1993-96 (Inglés)

During Russia's economic transition real income declined precipitously for most of the population. How were Russians' perceptions of the minimum income level needed to survive affected by such a rapid decline in their incomes? Based on data collected from repeated surveys of individuals during the period from March 1993 to September 1996, the authors find that the subjective estimate of that minimum income for an adult Russian decreased by about 1.7...
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