There are striking differences between relative and absolute poverty rates in the European Union and the United States. In this paper, we apply the official poverty measurement methods of the United States (absolute) and the European Union (relative) to both regions. Official poverty rates...

This paper investigates to what extent Russian households have been able to protect their consumption against income shocks during the transition and whether the ability to smooth consumption is related to poverty. We use the cross-section and panel dimensions of the Russian Longitudinal...