The forecast of commodity prices for the upcoming years yields two different prices: one for the producer (seller) and another for the consumer (buyer).Usually, an imperfect market gap between these two prices is not accidental.Strong differences between the views of buyers and sellers are...

For the large majority of goods, the price dispersion between countries does not exceed 1:10. Diesel fuel stands out, with a dispersion which exceeds 1:100. Given a constant oil price the difference in diesel fuel prices between countries is caused by the different taxes. The average share of...

This paper aims to investigate differences in the volume and structure of alcohol consumption and then to reveal the impact of alcohol consumption on life expectancy in Russian regions. We consider the contribution of different product to the dynamics of consuming absolute alcohol. Necessary...

A rate of time preferences reflects an individual's opinion on how to distribute consumption among periods. In this paper we examine various socio-economic factors that are related to the rate of time preferences in Russia. Necessary data are obtained from a survey from the Yuri Levada...

This paper aims to reveal the relationship between rate of time preferences (RTP) and healthy lifestyles of Russians. This rate shows individual preferences for the distribution of consumption over time. We examine such healthy and unhealthy behavior as smoking, drinking alcohol, doing physical...

This working paper is devoted to researching inter-regional differences in the volume and structure of alcohol consumption. To find the underlying trends and dependences, we tested hypotheses about the influence of various macroeconomic factors on alcohol consumption in Russia. The tests were...