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Household income, consumption and savings: theoretical aspects of the Keynesian model and empirical trends in modern Russia

Link for download: Household income, consumption and savings: theoretical aspects of the Keynesian model and empirical trends in modern Russia.docx

Authors: Elena Georgievna Efimova

Annotation: This article analyzes statistical indicators of income and consumption, and estimates the growth in household income and consumption, taking into account the influence of current conditions and factors in the national economy. Conclusions are drawn regarding the evolution of household consumer behavior models.

Keywords: Revenue, Consumption, Marginal propensity to consume, Marginal propensity to save, Savings, Financial literacy


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