Nivorozhkin, Anton; Nivorozhkina, Ludmila; Abazieva, Kamila - In: Economics Bulletin 33 (2013) 3, pp. 2017-2023
Using regression discontinuity design we study a change in household consumption-related expenditures in Russia and compare it to the change in subjective measure of income adequacy at retirement. We find that both measures decline in response to retirement.