It has been widely recognized that the poor spends a significant proportion of their income on social spending even at the expense of basic consumption. What are the motives behind the observed lavish social spending among the poor? We attempt to test three competing explanations at the social...

This study explores trends and perspectives of Lithuania's trade in agricultural and food products with the BRIC countries. Agriculture is one of the priority sectors of Lithuania's economy and plays an important economic and social role. The share of agricultural and food products within the...

Though social spending facilitates risk-pooling in the impoverished regions, too many resources devoted to social occasions may impose negative externalities and hinder efforts to alleviate poverty for households living close to subsistence. Conducting three waves census-type panel survey in...