framework behind this work, the life cycle theory according to which individuals' economic behavior varies according to their …

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 …

with risk through other formal or informal consumption smoothing mechanisms. "--World Bank web site …

channels through which credit affects growth on the micro-level is scant. Using data from a cross section of Bulgarian firms …, the authors estimate the impact of access to credit (as proxied by indicators of whether firms have access to a credit or …' past growth to instrument for access to credit. The authors find credit to be positively and strongly associated with total …