EAN: 9783319510934

ECONOMIC GROWTH AND THE MIDDLE CLASS IN AN ECON...

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 ofthe 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.

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