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PECULIARITIES OF HOUSEHOLD ECONOMIC BEHAVIOR IN TERMS OF SHADOW ECONOMY

Journal: Journal Association 1901 SEPIKE (Vol.1, No. 03)

Publication Date:

Authors : ;

Page : 191-195

Keywords : shadow economics; economic behavior of family households;

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Abstract

The main functions of households and basic forms of their economic behavior bear significant imprint of specific conditions of shadow economy. Functions connected with process of socialization, protection and adaptations are sizably oriented with shadow economy influence into informal norms of human interaction. Recreational functions in many cases are being executed with shadow sector services. Shadow incomes build family's budgets; family members often get informal employment. The scale of households' shadow activity is large. The conditions of shadow economy impose the necessity of adjustment to the most part of households‟ functions and also stimulate development of curtain subfunctions (such as entrepreneurial activity as one sub function of household productive function) which are implemented in shadow economy conditions in the form of informal entrepreneurship. The insufficient studies of shadow economy in correlation with functioning of Russian households determine the necessity of thorough scientific research in this area.

Last modified: 2018-02-11 00:55:23