Ravallion, Martin; Lokshin, Michael - Economics Research, World Bank Group - 1999
conventional socioeconomic data may not reflect well people's subjective perceptions of their poverty. The authors examine the …-point ladder. As an objective indicator of economic welfare, they use the most common poverty indicator in Russia today, in which … household incomes are deflated by household-specific poverty lines. Paradoxically, when economists analyze a policy's impact on …