Few studies currently exist on poverty adaptation to subjective well-being, mostly for richer countries like Germany. The authors offer analysis on poverty adaptation for Russia, a middle-income country in transition, using panel data for 1994-2017. They found no poverty adaption for life satisfaction and subjective wealth, with longer poverty spells being associated with more dissatisfaction. The interrelationship between satisfaction and poverty is studied by controlling for state-dependence and feedback effects. When accounting for high-order dynamics, past poverty experiences remain significant, which can be interpreted as a lack of adaptation to poverty. Similar results hold for other outcomes including satisfaction with own economic conditions, work contract, job, pay, and career, and for poverty defined using absolute or relative thresholds. There is also some evidence that women may be less adaptive than men, particularly at higher relative poverty thresholds. The authors also did not find adaptation to vulnerability, with longer vulnerability duration being associated with less satisfaction, especially for men.

Speaker:  Kseniya Abanokova, Junior Research Fellow at the Centre for Comprehensive Social Policy Studies, Institute for Social Policy, Higher School of Economics

Moderator: Oksana Sinyavskaya , Deputy Director, Institute for Social Policy, Higher School of Economics

Panelist: Evguenia Chernina, Junior Research Fellow, Center for Labor Market Studies, Higher School of Economics

Venue: Higher School of Economics, Slavyanskaya pl., 4, bld 2, room 101

Date and time: March 14, 2019, 12:00-14:00

Working language: Russian

To take part in the event, please register before the seminar, at the following link www.hse.ru/expresspolls/poll/262113928.html

The online registration is open till Tuesday, April 23, 2019, 9 a.m.

If you need a pass to enter the building, please do not forget to bring your passport or ID to the event.