This paper investigates the household consumption behavior in Russia. The model assumes that household consumption can …

accumulation in a structural life-cycle model. We use two complementary estimation strategies: first, we estimate the Euler equation … substantially higher than without temptation. Finally, our Method of Simulated Moments estimation is able to match well the life … the importance of temptation are robust to the different estimation strategies. …

that non-random panel attrition is of little concern for prime-aged male labor supply estimation because the effect of …