Template-Type: ReDIF-Article 1.0
Author-Name:E. Avraamova
Author-Name-First:E.  
Author-Name-Last: Avraamova
Author-Workplace-Name:  Gaidar Institute for Economic Policy
Author-Name:D. Loginov
Author-Name-First:D.  
Author-Name-Last: Loginov
Author-Workplace-Name:  Gaidar Institute for Economic Policy
Title: The dynamic of consumption: a major cut in households’ spending
Abstract:  Reduction of consumption is observed with all the groups of households. Households start to give up consumption of relatively expensive products, while a quarter of respondents of the social monitoring is prepared to save on food. Spending on pharmaceuticals, particularly, among low-income individuals have decreased. Maximum
cuts were observed in spending on tourism abroad. Households have started to use less babysitting services and nursing services for sick relatives.
Classification-JEL: 
Keywords: households, Russian economy
Journal: Russian Economic Developments
Year: 2015 
Issue: 11
Month: November
Pages: 66-68
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/608Avraamova.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:608