IDEAS home Printed from https://ideas.repec.org/a/ebl/ecbull/eb-19-00718.html
   My bibliography  Save this article

Did the Poor Adapt to Their Circumstances? Evidence from Long-run Russian Panel Data

Author

Listed:
  • Hai-Anh H. Dang

    (World Bank)

  • Michael M. Lokshin

    (World Bank)

  • Kseniya Abanokova

    (Higher School of Economics, National Research University, Russia)

Abstract

Very few studies currently exist on poverty adaptation to subjective well-being. We offer analysis on poverty adaptation for Russia, a middle-income country in transition, using panel data for 2001-2017. We found no poverty adaption for life satisfaction and subjective wealth, with longer poverty spells being associated with more dissatisfaction. Similar results hold for other outcomes including satisfaction with own economic conditions, work contract, job, pay, and career, and for poverty defined using either absolute or relative thresholds. Some evidence indicates that while those living in rural areas or born outside of Russia have similar levels of poverty adaptation for life satisfaction, they may adapt less regarding subjective wealth. There is also some evidence that women may be less adaptive than men, particularly for longer poverty duration.

Suggested Citation

  • Hai-Anh H. Dang & Michael M. Lokshin & Kseniya Abanokova, 2019. "Did the Poor Adapt to Their Circumstances? Evidence from Long-run Russian Panel Data," Economics Bulletin, AccessEcon, vol. 39(4), pages 2258-2274.
    • Handle: RePEc:ebl:ecbull:eb-19-00718
    as

    Download full text from publisher

    File URL: http://www.accessecon.com/Pubs/EB/2019/Volume39/EB-19-V39-I4-P212.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    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. Christopher J. Gerry & Georgios Papadopoulos, 2015. "Sample attrition in the RLMS, 2001–10," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 23(2), pages 425-468, April.
    3. Andrew E. Clark & Conchita D’Ambrosio & Simone Ghislandi, 2016. "Adaptation to Poverty in Long-Run Panel Data," The Review of Economics and Statistics, MIT Press, vol. 98(3), pages 591-600, July.
    4. Andrew E. Clark, 2018. "Four Decades of the Economics of Happiness: Where Next?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 64(2), pages 245-269, June.
    5. repec:hal:pseose:halshs-01383894 is not listed on IDEAS
    6. Di Tella, Rafael & Haisken-De New, John & MacCulloch, Robert, 2010. "Happiness adaptation to income and to status in an individual panel," Journal of Economic Behavior & Organization, Elsevier, vol. 76(3), pages 834-852, December.
    7. Ada Ferrer-i-Carbonell & Paul Frijters, 2004. "How Important is Methodology for the estimates of the determinants of Happiness?," Economic Journal, Royal Economic Society, vol. 114(497), pages 641-659, July.
    8. Sebastian Galiani & Paul J Gertler & Raimundo Undurraga, 2018. "The Half-Life of Happiness: Hedonic Adaptation in the Subjective Well-Being of Poor Slum Dwellers to the Satisfaction of Basic Housing Needs," Journal of the European Economic Association, European Economic Association, vol. 16(4), pages 1189-1233.
    9. Hai-Anh H. Dang & Michael M. Lokshin & Kseniya Abanokova & Maurizio Bussolo, 2020. "Welfare Dynamics and Inequality in the Russian Federation During 1994–2015," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 32(4), pages 812-846, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dang, Hai-Anh H & Abanokova, Kseniya & Lokshin, Michael, 2020. "Life Satisfaction, Subjective Wealth, and Adaptation to Vulnerability in the Russian Federation during 2002-2017," IZA Discussion Papers 13058, Institute of Labor Economics (IZA).
    2. Hai-Anh H. Dang & Kseniya Abanokova & Michael M. Lokshin, 2023. "Life Satisfaction, Subjective Wealth, and Adaptation to Vulnerability in the Russian Federation during 2002-2019," Hacienda Pública Española / Review of Public Economics, IEF, vol. 247(4), pages 125-153, December.
    3. Kseniya Abanokova & Hai-Anh H. Dang, 2023. "Poverty in Russia: a bird’s-eye view of trends and dynamics in the past quarter of a century," Chapters, in: Jacques Silber (ed.), Research Handbook on Measuring Poverty and Deprivation, chapter 58, pages 627-635, Edward Elgar Publishing.
    4. Jianbo Jeff Luo, 2022. "Is Happiness Adaptation to Poverty Limited? The Role of Reference Income," Journal of Happiness Studies, Springer, vol. 23(6), pages 2491-2516, August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dang, Hai-Anh H & Abanokova, Kseniya & Lokshin, Michael, 2020. "Life Satisfaction, Subjective Wealth, and Adaptation to Vulnerability in the Russian Federation during 2002-2017," IZA Discussion Papers 13058, Institute of Labor Economics (IZA).
    2. Yaman, F. & Cubi-Molla, P. & Ungureanu, S., 2019. "Which Decision Theory Describes Life Satisfaction Best? Evidence from Annual Panel Data," Working Papers 19/12, Department of Economics, City University London.
    3. Hai-Anh H. Dang & Kseniya Abanokova & Michael M. Lokshin, 2023. "Life Satisfaction, Subjective Wealth, and Adaptation to Vulnerability in the Russian Federation during 2002-2019," Hacienda Pública Española / Review of Public Economics, IEF, vol. 247(4), pages 125-153, December.
    4. Blázquez, Maite & Moro-Egido, Ana I., 2023. "The impact of financial insecurity on self-reported health: Europe in cross-national perspective," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 1123-1137.
    5. Maite Blázquez & Ana I. Moro Egido, 2020. "Financial insecurity and subjective well-being. Europe in crossnational perspective," ThE Papers 20/07, Department of Economic Theory and Economic History of the University of Granada..
    6. Marcus Klemm, 2022. "Well-being Changes from Year to Year: A Comparison of Current, Remembered and Predicted Life Satisfaction," Journal of Happiness Studies, Springer, vol. 23(4), pages 1669-1681, April.
    7. Kaiser, Caspar, 2020. "People do not adapt. New analyses of the dynamic effects of own and reference income on life satisfaction," Journal of Economic Behavior & Organization, Elsevier, vol. 177(C), pages 494-513.
    8. Marco Cozzi & Qiushan Li, 2024. "Do wealth shocks matter for the life satisfaction of the elderly? Evidence from the health and retirement study," Economics Bulletin, AccessEcon, vol. 44(1), pages 88-98.
    9. Dang, Hai-Anh H. & Abanokova, Kseniya, 2022. "Do Gender, Child, and Parent Characteristics Contribute to Intergenerational Subjective Well-being Mobility? Evidence from Russia during 1994-2019," GLO Discussion Paper Series 1088, Global Labor Organization (GLO).
    10. Fırat Yaman & Patricia Cubí-Mollá & Sergiu Ungureanu, 2023. "Which Decision Theory Describes Life Satisfaction Best? Evidence from Annual Panel Data," Journal of Happiness Studies, Springer, vol. 24(3), pages 893-916, March.
    11. de Hond, Anne & Bakx, Pieter & Versteegh, Matthijs, 2019. "Can time heal all wounds? An empirical assessment of adaptation to functional limitations in an older population," Social Science & Medicine, Elsevier, vol. 222(C), pages 180-187.
    12. Kaizhi Yu & Yun Zhang & Hong Zou & Chenchen Wang, 2019. "Absolute Income, Income Inequality and the Subjective Well-Being of Migrant Workers in China: Toward an Understanding of the Relationship and Its Psychological Mechanisms," IJERPH, MDPI, vol. 16(14), pages 1-27, July.
    13. Haining Wang & Zhiming Cheng & Russell Smyth, 2015. "Does Consuming More Make You Happier? Evidence from Chinese Panel Data," Monash Economics Working Papers 29-15, Monash University, Department of Economics.
    14. repec:bof:bofitp:urn:nbn:fi:bof-201508181355 is not listed on IDEAS
    15. repec:zbw:bofitp:urn:nbn:fi:bof-201508181355 is not listed on IDEAS
    16. Kaiser, Caspar, 2018. "People do not adapt to income changes: A re-evaluation of the dynamic effects of (reference) income on life satisfaction with GSOEP and UKHLS data," INET Oxford Working Papers 2018-07, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
    17. Jianbo Jeff Luo, 2022. "Is Work a Burden? The Role of the Living Standard," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 163(1), pages 61-77, August.
    18. Jianbo Jeff Luo, 2022. "Is Happiness Adaptation to Poverty Limited? The Role of Reference Income," Journal of Happiness Studies, Springer, vol. 23(6), pages 2491-2516, August.
    19. repec:zbw:bofitp:2015_021 is not listed on IDEAS
    20. Haining Wang & Zhiming Cheng & Russell Smyth, 2015. "Does Consuming More Make You Happier? Evidence from Chinese Panel Data," Monash Economics Working Papers 29-15, Monash University, Department of Economics.
    21. Van Landeghem, Bert & Vandeplas, Anneleen, 2018. "The relationship between status and happiness: Evidence from the caste system in rural India," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 77(C), pages 62-71.
    22. Senik, Claudia, 2008. "Is man doomed to progress?," Journal of Economic Behavior & Organization, Elsevier, vol. 68(1), pages 140-152, October.
    23. Bruno S. Frey & Anthony Gullo, 2021. "Does Sports Make People Happier, or Do Happy People More Sports?," Journal of Sports Economics, , vol. 22(4), pages 432-458, May.

    More about this item

    Keywords

    poverty adaptation; satisfaction; subjective wealth; gender; panel data; Russia;
    All these keywords.

    JEL classification:

    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ebl:ecbull:eb-19-00718. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: John P. Conley (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.