Economic Growth and the Middle Class in an Economy in Transition

Viac o knihe

The book explores the evolution of the middle class in Russia from 1991 to 2008, analyzing economic reforms and income distribution during the transition period. It begins with a discussion on the middle class concept and the economic landscape, followed by an examination of income bipolarization's relationship with the middle class. The final section employs a semiparametric "mixture model" to identify different income groups and their socio-economic characteristics, while also investigating household mobility in and out of the middle class. It offers valuable insights for researchers and practitioners in economics and inequality.