Consumers during crisis: responses from the middle class in Argentina

By Leon Zurawicki, Nestor Braidot. 2005

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Conspicuous consumption in a recession: Toning it down or turning it up? (2011, background): “However, Zurawicki and Braidot (2004) found higher income households reduced and eliminated various expenditures to a lesser extent than middle-class families during the Argentinean economic crisis of 2001– 2002.”