Descriptive analysis of Russian Relative Poverty and Inequality from 1994 to 2016

Abstract

[eng] In this paper, we are going to analyze the evolution of relative poverty, with ½ and 2/3 of the median income, also for different household types, degrees of urbanization and sexes. Moreover, a study of Gini Indexes for groups just mentioned. These measures are important if we look at the country and time that our data is from, Russia, from 1994-2016, after the communist system ended. At first, we’re not going to capture first year’s changes, but from 1994-1998, there will be an increase in poverty and inequality levels that will take time to recover. Then relative poverty and inequality in all groups, especially after the 1998 financial crisis, showed a downward tendency, that it hasn’t been perturbed by 2008 crisis.