Title: Measuring poverty dynamics and inequality in transition economies
Description: Estimates of income inequality and the dynamics of poverty are highly sensitive to measurement error and transitory shocks in micro-level data. The apparent high levels of economic mobility in Poland and Russia are driven largely by transitory shocks and noisy data. There is a real risk of an entrenched underclass emerging in these transition economies.
Subjects: Consumption (Economics), Cost and standard of living, Econometric models, Equality, Income distribution, Medical care, Poverty, Statistical methods
Places: Developing countries