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https://www.um.edu.mt/library/oar/handle/123456789/37966| Title: | Influence οf households’ borrowings οn consumer spending during the escalation of the crisis |
| Authors: | Nivorozhkina, L. I. Tregubova, A. A. Batashev, R. V. |
| Keywords: | Crisis management -- Russia Credit control -- Russia Loans -- Russia Loans -- Government guaranty Poverty -- Russia Financial crises -- Russia |
| Issue Date: | 2018 |
| Publisher: | University of Piraeus. International Strategic Management Association |
| Citation: | Nivorozhkina, L. I., Tregubova, A. A., & Batashev, R. V. (2018). Influence οf households’ borrowings οn consumer spending during the escalation of the crisis. European Research Studies Journal, 21(Special issue 2), 485-496. |
| Abstract: | This article investigates the relationship between the borrowing activity of Russian households and their current conumer expendatures in the period of escalation of the social and economic crisis. The analysis was conducted on the basis of data provided by the Russian Longitudinal Monitoring Survey, RLMS-HSE for 2015. The paper proposes and implements an approach that makes it possible to assess the impact of borrowings on inequality in consumption and poverty among households. It was revealed that the need of repayment results in saving on food, medical treatment and other vital needs for an overwhelming number of households. This is especially acute among families being beyond the poverty threshold. |
| URI: | https://www.um.edu.mt/library/oar//handle/123456789/37966 |
| ISSN: | 11082976 |
| Appears in Collections: | European Research Studies Journal, Volume 21, Special Issue 2 |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Influence οf Households’ Borrowings οn Consumer Spending During the Escalation of the Crisis.pdf | 380.43 kB | Adobe PDF | View/Open |
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