Rich and Powerful? Subjective Power and Welfare in Russia

Does "empowerment" come hand-in-hand with higher economic welfare? In theory, higher income is likely to raise both power and welfare, but heterogeneity in other characteristics and household formation can either strengthen or weaken the...

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Main Authors:	Lokshin, Michael, Ravallion, Martin
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, D.C. 2013
Subjects:	WELFARE ECONOMICS EMPOWERMENT OF CIVIL SOCIETY INCOME GROWTH HOUSEHOLD INCOME DATA ANALYSIS INDIVIDUAL IN ECONOMICS ECONOMIC GROWTH INCOME GENERATION RETURN TO THE WORKFORCE INCOME INEQUALITIES AGGREGATE VARIABILITY GENDER GAP ADULTS ARGUMENTS CONSCIOUSNESS DATA SET DECISION MAKING DEFLATORS DIMINISHING MARGINAL UTILITY DIMINISHING RETURNS DISCRIMINATION DISPOSABLE INCOME ECONOMIC SURVEYS EMPIRICAL ASSOCIATION EMPIRICAL MODELS EMPOWERMENT ETHNICITY EXPLANATORY VARIABLES FAMILIES FINANCIAL CRISIS FUNCTIONAL FORM GENDER HIGH CORRELATION HOUSEHOLD INCOMES HOUSEHOLD MEMBERS HOUSEHOLD SIZE HOUSEHOLDS INCOME INCOME DIFFERENCES INCOME EFFECT INCOME INEQUALITY INCOME VARIABLES INCREASING FUNCTION INCREASING RETURNS INDIVIDUAL INCOMES INTRINSIC VALUE MARGINAL UTILITY MARITAL STATUS MIGRATION NEGATIVE COEFFICIENT 0 HYPOTHESIS PER CAPITA INCOME POLICY OBJECTIVE POLICY RESEARCH POLITICAL INSTITUTIONS POLITICAL PARTICIPATION POLITICAL SCIENCE POSITIVE EFFECT POSITIVE EFFECTS POSITIVE RELATIONSHIP POWER PUBLIC POLICY RATED POWER REDISTRIBUTION POLICY REDUCING POVERTY REGIONAL DIFFERENCES REGIONAL DUMMIES SIGNIFICANT CORRELATION SIGNIFICANT EFFECT SIGNIFICANT IMPACT SIGNIFICANT NEGATIVE SOCIAL PSYCHOLOGY SOCIAL SCIENCES SOCIETIES SOCIETY SOCIOLOGY UNEMPLOYMENT UTILITY FUNCTIONS WAGES
Online Access:	http://documents.worldbank.org/curated/en/2002/06/1939089/rich-powerful-subjective-power-welfare-russia http://hdl.handle.net/10986/14291

id	okr-10986-14291
recordtype	oai_dc
spelling	okr-10986-142912021-04-23T14:03:20Z Rich and Powerful? Subjective Power and Welfare in Russia Lokshin, Michael Ravallion, Martin WELFARE ECONOMICS EMPOWERMENT OF CIVIL SOCIETY INCOME GROWTH HOUSEHOLD INCOME DATA ANALYSIS INDIVIDUAL IN ECONOMICS ECONOMIC GROWTH INCOME GENERATION RETURN TO THE WORKFORCE INCOME INEQUALITIES AGGREGATE VARIABILITY GENDER GAP ADULTS ARGUMENTS CONSCIOUSNESS DATA SET DECISION MAKING DEFLATORS DIMINISHING MARGINAL UTILITY DIMINISHING RETURNS DISCRIMINATION DISPOSABLE INCOME ECONOMIC GROWTH ECONOMIC SURVEYS EMPIRICAL ASSOCIATION EMPIRICAL MODELS EMPOWERMENT ETHNICITY EXPLANATORY VARIABLES FAMILIES FINANCIAL CRISIS FUNCTIONAL FORM GENDER HIGH CORRELATION HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD MEMBERS HOUSEHOLD SIZE HOUSEHOLDS INCOME INCOME DIFFERENCES INCOME EFFECT INCOME INEQUALITY INCOME VARIABLES INCREASING FUNCTION INCREASING RETURNS INDIVIDUAL INCOMES INTRINSIC VALUE MARGINAL UTILITY MARITAL STATUS MIGRATION NEGATIVE COEFFICIENT 0 HYPOTHESIS PER CAPITA INCOME POLICY OBJECTIVE POLICY RESEARCH POLITICAL INSTITUTIONS POLITICAL PARTICIPATION POLITICAL SCIENCE POSITIVE EFFECT POSITIVE EFFECTS POSITIVE RELATIONSHIP POWER PUBLIC POLICY RATED POWER REDISTRIBUTION POLICY REDUCING POVERTY REGIONAL DIFFERENCES REGIONAL DUMMIES SIGNIFICANT CORRELATION SIGNIFICANT EFFECT SIGNIFICANT IMPACT SIGNIFICANT NEGATIVE SOCIAL PSYCHOLOGY SOCIAL SCIENCES SOCIETIES SOCIETY SOCIOLOGY UNEMPLOYMENT UTILITY FUNCTIONS WAGES Does "empowerment" come hand-in-hand with higher economic welfare? In theory, higher income is likely to raise both power and welfare, but heterogeneity in other characteristics and household formation can either strengthen or weaken the relationship. Survey data on Russian adults indicate that higher individual and household incomes raise both self-rated power and welfare. The individual income effect is primarily direct, rather than through higher household income. There are diminishing returns to income, though income inequality emerges as only a minor factor reducing either aggregate power or welfare. At given income, the identified covariates have strikingly similar effects on power and welfare. There are some notable differences between men and women in perceived power. 2013-07-01T14:09:42Z 2013-07-01T14:09:42Z 2002-06-30 http://documents.worldbank.org/curated/en/2002/06/1939089/rich-powerful-subjective-power-welfare-russia http://hdl.handle.net/10986/14291 English en_US Policy Research Working Paper;No.2854 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, D.C. Publications & Research :: Policy Research Working Paper Publications & Research Europe and Central Asia Russian Federation
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	WELFARE ECONOMICS EMPOWERMENT OF CIVIL SOCIETY INCOME GROWTH HOUSEHOLD INCOME DATA ANALYSIS INDIVIDUAL IN ECONOMICS ECONOMIC GROWTH INCOME GENERATION RETURN TO THE WORKFORCE INCOME INEQUALITIES AGGREGATE VARIABILITY GENDER GAP ADULTS ARGUMENTS CONSCIOUSNESS DATA SET DECISION MAKING DEFLATORS DIMINISHING MARGINAL UTILITY DIMINISHING RETURNS DISCRIMINATION DISPOSABLE INCOME ECONOMIC GROWTH ECONOMIC SURVEYS EMPIRICAL ASSOCIATION EMPIRICAL MODELS EMPOWERMENT ETHNICITY EXPLANATORY VARIABLES FAMILIES FINANCIAL CRISIS FUNCTIONAL FORM GENDER HIGH CORRELATION HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD MEMBERS HOUSEHOLD SIZE HOUSEHOLDS INCOME INCOME DIFFERENCES INCOME EFFECT INCOME INEQUALITY INCOME VARIABLES INCREASING FUNCTION INCREASING RETURNS INDIVIDUAL INCOMES INTRINSIC VALUE MARGINAL UTILITY MARITAL STATUS MIGRATION NEGATIVE COEFFICIENT 0 HYPOTHESIS PER CAPITA INCOME POLICY OBJECTIVE POLICY RESEARCH POLITICAL INSTITUTIONS POLITICAL PARTICIPATION POLITICAL SCIENCE POSITIVE EFFECT POSITIVE EFFECTS POSITIVE RELATIONSHIP POWER PUBLIC POLICY RATED POWER REDISTRIBUTION POLICY REDUCING POVERTY REGIONAL DIFFERENCES REGIONAL DUMMIES SIGNIFICANT CORRELATION SIGNIFICANT EFFECT SIGNIFICANT IMPACT SIGNIFICANT NEGATIVE SOCIAL PSYCHOLOGY SOCIAL SCIENCES SOCIETIES SOCIETY SOCIOLOGY UNEMPLOYMENT UTILITY FUNCTIONS WAGES
spellingShingle	WELFARE ECONOMICS EMPOWERMENT OF CIVIL SOCIETY INCOME GROWTH HOUSEHOLD INCOME DATA ANALYSIS INDIVIDUAL IN ECONOMICS ECONOMIC GROWTH INCOME GENERATION RETURN TO THE WORKFORCE INCOME INEQUALITIES AGGREGATE VARIABILITY GENDER GAP ADULTS ARGUMENTS CONSCIOUSNESS DATA SET DECISION MAKING DEFLATORS DIMINISHING MARGINAL UTILITY DIMINISHING RETURNS DISCRIMINATION DISPOSABLE INCOME ECONOMIC GROWTH ECONOMIC SURVEYS EMPIRICAL ASSOCIATION EMPIRICAL MODELS EMPOWERMENT ETHNICITY EXPLANATORY VARIABLES FAMILIES FINANCIAL CRISIS FUNCTIONAL FORM GENDER HIGH CORRELATION HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD MEMBERS HOUSEHOLD SIZE HOUSEHOLDS INCOME INCOME DIFFERENCES INCOME EFFECT INCOME INEQUALITY INCOME VARIABLES INCREASING FUNCTION INCREASING RETURNS INDIVIDUAL INCOMES INTRINSIC VALUE MARGINAL UTILITY MARITAL STATUS MIGRATION NEGATIVE COEFFICIENT 0 HYPOTHESIS PER CAPITA INCOME POLICY OBJECTIVE POLICY RESEARCH POLITICAL INSTITUTIONS POLITICAL PARTICIPATION POLITICAL SCIENCE POSITIVE EFFECT POSITIVE EFFECTS POSITIVE RELATIONSHIP POWER PUBLIC POLICY RATED POWER REDISTRIBUTION POLICY REDUCING POVERTY REGIONAL DIFFERENCES REGIONAL DUMMIES SIGNIFICANT CORRELATION SIGNIFICANT EFFECT SIGNIFICANT IMPACT SIGNIFICANT NEGATIVE SOCIAL PSYCHOLOGY SOCIAL SCIENCES SOCIETIES SOCIETY SOCIOLOGY UNEMPLOYMENT UTILITY FUNCTIONS WAGES Lokshin, Michael Ravallion, Martin Rich and Powerful? Subjective Power and Welfare in Russia
geographic_facet	Europe and Central Asia Russian Federation
relation	Policy Research Working Paper;No.2854
description	Does "empowerment" come hand-in-hand with higher economic welfare? In theory, higher income is likely to raise both power and welfare, but heterogeneity in other characteristics and household formation can either strengthen or weaken the relationship. Survey data on Russian adults indicate that higher individual and household incomes raise both self-rated power and welfare. The individual income effect is primarily direct, rather than through higher household income. There are diminishing returns to income, though income inequality emerges as only a minor factor reducing either aggregate power or welfare. At given income, the identified covariates have strikingly similar effects on power and welfare. There are some notable differences between men and women in perceived power.
format	Publications & Research :: Policy Research Working Paper
author	Lokshin, Michael Ravallion, Martin
author_facet	Lokshin, Michael Ravallion, Martin
author_sort	Lokshin, Michael
title	Rich and Powerful? Subjective Power and Welfare in Russia
title_short	Rich and Powerful? Subjective Power and Welfare in Russia
title_full	Rich and Powerful? Subjective Power and Welfare in Russia
title_fullStr	Rich and Powerful? Subjective Power and Welfare in Russia
title_full_unstemmed	Rich and Powerful? Subjective Power and Welfare in Russia
title_sort	rich and powerful? subjective power and welfare in russia
publisher	World Bank, Washington, D.C.
publishDate	2013
url	http://documents.worldbank.org/curated/en/2002/06/1939089/rich-powerful-subjective-power-welfare-russia http://hdl.handle.net/10986/14291
_version_	1764429935467823104

Rich and Powerful? Subjective Power and Welfare in Russia

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