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Article

Факторы абсолютной и субъективной бедности в современной России

The article is dedicated to the issue of subjective poverty predictors and answers the question whether the main factors of absolute poverty lead to subjective poverty as well. The paper describes the main factors of absolute poverty according to the literature review and tests them using binary logit regressions for both cases of absolute and subjective poverty. Based on logit regressions it is shown that the typical factors of absolute poverty do not lead to subjective poverty. The group of the subjectively poor is formed by representatives of all income groups of the modern Russian society. The paper also demonstrates the difference between two analyzed phenomenons basing on econometric and substantive analysis. It is concluded that the subjective and absolute poverty are the different phenomena, subjective approach to poverty can not be directly used for the purposes of social policy.