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The Response of Consumption in Russian Households to Economic Shocks
Consumption, savings consumption smoothing precautionary savings
2013/10/18
This paper examines the extent to which consumption in Russian households responds to exogenous income shocks. During the time period studied in this paper (1994 – 1998), Russia experienced two major ...
Household Production, Full Consumption and the Costs of Children
Child costs time allocation household production
2013/10/17
Recent work criticises both the logic and relevance of the theoretical basis of the approach to estimating the costs of raising children adopted in much of the economics literature. This tends to be r...