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Is the Cost of Living in Russia Really that Low?

dc.contributor.authorGluschenko, Konstantinen_US
dc.date.accessioned2009-11-17T17:03:37Z
dc.date.available2009-11-17T17:03:37Z
dc.date.issued2008-12-01en_US
dc.identifier.otherRePEc:wdi:papers:2009-949en_US
dc.identifier.urihttps://hdl.handle.net/2027.42/64418en_US
dc.description.abstractThere is a widespread opinion that goods, especially foods, and services in Russia are very cheap as compared to the US. A number of Russian statistical indicators characterizing the cost of living, either directly or indirectly, seemingly corroborate this opinion. This paper demonstrates that these indicators are biased, sufficiently understating the cost of living in Russia. A comparison of Russian actual prices for foods with those in the US evidences that they are comparable. Moreover, the Russian prices are tending to catch up with the US prices.en_US
dc.format.extent195810 bytes
dc.format.extent1802 bytes
dc.format.mimetypeapplication/pdf
dc.format.mimetypetext/plain
dc.relation.ispartofserieswp949en_US
dc.subjectFood Prices, Cost of Living, Minimum Wage, Subsistence Level, Russia, US.en_US
dc.subject.otherI31, O57, P22.en_US
dc.titleIs the Cost of Living in Russia Really that Low?en_US
dc.typeWorking Paperen_US
dc.subject.hlbsecondlevelEconomicsen_US
dc.subject.hlbtoplevelBusinessen_US
dc.contributor.affiliationumWilliam Davidson Instituteen_US
dc.description.bitstreamurlhttp://deepblue.lib.umich.edu/bitstream/2027.42/64418/1/wp949.pdf
dc.contributor.authoremailglu@nsu.ruen_US
dc.owningcollnameWilliam Davidson Institute (WDI) - Working Papers


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