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Understanding Twenty Years of Inequality and Poverty Trends in Russia

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  • Anastasiya Lisina
  • Philippe Van Kerm

Abstract

The distribution of income in Russia changed significantly over the past 25 years. This paper examines the factors that have been driving the fall in inequality and poverty over two recent decades in the Russian Federation. Changes in earnings from public and private sectors and pensions have been the main sources of changes in the income distribution between 1994 and 2015. Falling inequality and poverty were the result of a decrease in the dispersion of private sector earnings and an increase in the levels of pensions and public sector earnings. Neither the evolution of socio‐demographic characteristics nor the level or structure of employment alone had big impacts.

Suggested Citation

  • Anastasiya Lisina & Philippe Van Kerm, 2022. "Understanding Twenty Years of Inequality and Poverty Trends in Russia," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 68(S1), pages 108-130, April.
    • Handle: RePEc:bla:revinw:v:68:y:2022:i:s1:p:s108-s130
    DOI: 10.1111/roiw.12574
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    References listed on IDEAS

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    1. Dang,Hai-Anh H. & Lokshin,Michael M. & Abanokova,Ksenia & Bussolo,Maurizio, 2018. "Inequality and Welfare Dynamics in the Russian Federation during 1994-2015," Policy Research Working Paper Series 8629, The World Bank.
    2. Pönkä, Harri & Zheng, Yi, 2019. "The role of oil prices on the Russian business cycle," Research in International Business and Finance, Elsevier, vol. 50(C), pages 70-78.
    3. Denisa M. Sologon & Philippe Kerm & Jinjing Li & Cathal O’Donoghue, 2021. "Accounting for differences in income inequality across countries: tax-benefit policy, labour market structure, returns and demographics," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 19(1), pages 13-43, March.
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