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Prices in the Russian Federation have been decontrolled in several steps since early 1991, after decades of near fixity. This paper documents and analyzes the behavior of prices, income, consumption, and savings before and after the January 1992 price liberalization, with emphasis on developments during 1992, and with focus on households more than on enterprises. Comparisons are made with recent experience in Central and Eastern Europe, along with consideration of evidence on shortages and income distribution.

Prices --- Russian Federation --- Income distribution --- Government policy --- 338.53 <47> --- 338.5 <47> --- 330.56 <47> --- 330.567 <47> --- -338 --- (47+57) --- $?$93/11 --- politique des prix --- revenus --- agents economiques --- russie --- -Income distribution --- 330.05 --- 339.4947 --- Distribution of income --- Income inequality --- Inequality of income --- Distribution (Economic theory) --- Disposable income --- Commercial products --- Commodity prices --- Justum pretium --- Price theory --- Consumption (Economics) --- Cost --- Costs, Industrial --- Money --- Cost and standard of living --- Supply and demand --- Value --- Wages --- Willingness to pay --- Overheidsinvloed op prijsvorming. Prijzenpolitiek van de overheid--Rusland. Sovjet-Unie --- Prijsvorming. Prijskostenverhouding. Prijsbeweging. Prijsfluctuatie--macroeconomisch; prijsindex zie {336.748.12}--Rusland. Sovjet-Unie --- Nationaal inkomen. Volksinkomen. Gezinsinkomen. Vermogensstratificatie. Particuliere inkomens en bestedingen. Armoede. Honger--Rusland. Sovjet-Unie --- Bestedingen. Consumptie. Verbruik. Overconsumptie. Onderconsumptie. Koopkracht. Bestedingsmotieven. Huishoudelijke uitgaven. Gebruik van diensten--Rusland. Sovjet-Unie --- -prijsbeleid --- inkomens --- economische agenten --- rusland --- -Prices --- -338.53 <47> --- 330.567 <47> Bestedingen. Consumptie. Verbruik. Overconsumptie. Onderconsumptie. Koopkracht. Bestedingsmotieven. Huishoudelijke uitgaven. Gebruik van diensten--Rusland. Sovjet-Unie --- 330.56 <47> Nationaal inkomen. Volksinkomen. Gezinsinkomen. Vermogensstratificatie. Particuliere inkomens en bestedingen. Armoede. Honger--Rusland. Sovjet-Unie --- 338.5 <47> Prijsvorming. Prijskostenverhouding. Prijsbeweging. Prijsfluctuatie--macroeconomisch; prijsindex zie {336.748.12}--Rusland. Sovjet-Unie --- 338.53 <47> Overheidsinvloed op prijsvorming. Prijzenpolitiek van de overheid--Rusland. Sovjet-Unie --- Russia --- 338 --- prijsbeleid --- Prices - Government policy - Russia (Federation) --- Income distribution - Russia (Federation) --- Inflation --- Labor --- Macroeconomics --- Public Finance --- Investments: Stocks --- Price Level --- Deflation --- Wages, Compensation, and Labor Costs: General --- Aggregate Factor Income Distribution --- Wages, Compensation, and Labor Costs: Public Policy --- Urban, Rural, and Regional Economics: Household Analysis: General --- Labour --- income economics --- Public finance & taxation --- Investment & securities --- Income --- Real wages --- Producer prices --- National accounts --- Minimum wage