Statistical Evaluation of the Impact of Lending on the Consumption of Russian Farms in the Context of Macroeconomic Shocks

DOI

10.2991/emle-18.2018.12How to use a DOI?

Keywords

households; credit load; credit behavior; expense

Abstract

The article proposes and implements an integrated approach that allows to identify the specifics of the socio-economic situation of households paying out consumer loans, including loans to pay for education. Analysis conducted taking into account periods of macroeconomic shocks. A mechanism for intervening in lending to household consumer expenditures is presented, and a mechanism for smoothing consumption in situations of growth and the burden of macroeconomic crises is revealed. Using econometric methods, it has been shown that monetary expenditures, rather than income, are an adequate indicator of household welfare. The selection of the lack of influence on the credit behavior of individual characteristics (gender, age, education, etc.).

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Nivorozhkina Ludmila
AU  - Toropova Tatiana
PY  - 2018/12
DA  - 2018/12
TI  - Statistical Evaluation of the Impact of Lending on the Consumption of Russian Farms in the Context of Macroeconomic Shocks
BT  - Proceedings of the 4th International Conference on Economics, Management, Law and Education (EMLE 2018)
PB  - Atlantis Press
SP  - 64
EP  - 68
SN  - 2352-5428
UR  - https://doi.org/10.2991/emle-18.2018.12
DO  - 10.2991/emle-18.2018.12
ID  - Ludmila2018/12
ER  -