Household Savings in Russia during the Transition

Abstract

We exploit panel data from the second phase of the Russian Longitudinal Monitoring Survey (RLMS) to investigate the household characteristics that explain saving during a period of extreme dislocation. Among our more noteworthy findings, we find evidence of short-term consumption smoothing behavior as households respond to temporary income shocks… (More)

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Cite this paper

@inproceedings{Foley2003HouseholdSI, title={Household Savings in Russia during the Transition}, author={Mark C. Foley and William Pyle and Michael Alexeev and Rick Ericson and Ivan Khotulev}, year={2003} }