The distribution of consumption in Moldova implies that changes in workers' remittances, migration, and energy prices … could influence consumption and poverty rates in some unexpected and even counter-intuitive ways. Relatively well-off groups … proportion to their consumption. The consumption of relatively wealthy groups is linked directly to price of natural gas, while …

"This paper examines how households trade off migration and savings when subject to exogenous violence. The authors … migration decision has been taken, savings can increase as a function of violence to ensure a minimum bundle to carry. Empirical …

growth and increasing the role of consumption. Third, long term saving prospects and the impact of financial sector and …

rely solely on household savings for purchasing a house. These findings underscore the urgent need to improve savings …

growth in saving to growth in future consumption to provide a test of genuine saving using historical data. Did measured … genuine saving in 1976, for example, "predict" the observed changes in consumption over subsequent decades? The author tests …

. The study was funded by the Bank's Research Support Budget under the research project "Contractual Savings Institutions …