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来源类型Working Paper
规范类型报告
DOI10.3386/w15080
来源IDWorking Paper 15080
Inequality and Volatility Moderation in Russia: Evidence from Micro-Level Panel Data on Consumption and Income
Yuriy Gorodnichenko; Klara Sabirianova Peter; Dmitriy Stolyarov
发表日期2009-06-11
出版年2009
语种英语
摘要We construct key household and individual economic variables using a panel micro data set from the Russia Longitudinal Monitoring Survey (RLMS) for 1994-2005. We analyze cross-sectional income and consumption inequality and find that inequality decreased during the 2000-2005 economic recovery. The decrease appears to be driven by falling volatility of transitory income shocks. The response of consumption to permanent and transitory income shocks becomes weaker later in the sample, consistent with greater self-insurance against permanent shocks and greater smoothing of transitory shocks. Comparisons of RLMS data with official macroeconomic statistics reveal that national accounts may underestimate the extent of unofficial economic activity, and that the official consumer price index may overstate inflation and be prone to quality bias.
主题Macroeconomics ; Consumption and Investment ; Health, Education, and Welfare ; Poverty and Wellbeing ; Labor Economics ; Labor Compensation ; Development and Growth ; Development ; Other ; Economic Systems
URLhttps://www.nber.org/papers/w15080
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/572756
推荐引用方式
GB/T 7714
Yuriy Gorodnichenko,Klara Sabirianova Peter,Dmitriy Stolyarov. Inequality and Volatility Moderation in Russia: Evidence from Micro-Level Panel Data on Consumption and Income. 2009.
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