Экономическая свобода или государственное регулирование: анализ предпочтений россиян
In this work, we analyze attitudes of the Russian people toward government price regulation, free international trade and immigration. We compared responses of individuals questioned in the year 2013 in the framework of RLMS-HSE survey, and showed mean difference of economic liberal preferences of Russians with different social and economic backgrounds. Our analysis demonstrates that most Russian people do not share economic liberal values. Russians treat free trade, immigration and economic consequences of immigration with caution but relatively liberally. Using regression analysis, we show positive correlation of individual education, wealth, business experience and positive economic expectations with economic liberal preferences. We documented that representatives of senior age group prefer price regulation and protectionism more. We also conducted regression analysis of relation between economic liberal preferences and other specific factors commonly considered in the field literature. Our main results are in line with findings widely discussed in the field literature.
Regression, cluster and component analysis of economic globalization of several developed economies is conducted with the purpose to find out the level of international trade globalization. 4 clusters on the basis of trade balance in goods, trade balance in services, FDI are found out.
This collection contains reports presented by the participants for taking part in the Annual International Conference "Evolution of the World Trade System: problems and prospects". The Conference was held in Saint Petersburg on October 29-30, 2015.
On the Russian market of insurance services life insurance is one of the fastest growing segments. Identifying among the clients of the insurance company risk groups composed of individuals more prone to other termination of the contract of life insurance, allows to conduct purposeful work on their retention, which ultimately should lead to reduction of customer churn and, as a consequence, have a positive impact on the financial performance of the insurance company. The solution is achieved through the development of a model that predicts premature termination of life insurance contracts. In this work a comparative analysis of regression models and neural network models the termination of contracts of life insurance.
The paper explores theoretical approaches to the company IPO underpricing and analyzes capital structure impact on the underpricing of the Russian issuers.
Leasing is one of the main financing tools that makes possible to carry out the financial activities of the industry. The work describes the dynamics of rates of gain the market of leasing services and the price of financial leasing contracts. The work considers factors of leasing business and the policy of its state support. The mechanism of leasing realization is given on concrete examples.
КЛЮЧЕВЫЕ СЛОВА: лизинг, финансовые инструменты, рынок лизинговых услуг, государственное регулирование
KEY WORDS: leasing, finansial instruments, leasing market, government regulation
Measuring indirect importance of various attributes is a very common task in marketing analysis for which researchers use correlation and regression techniques. We have listed and illustrated some common problems with widely used latent importance measures. A more theoretically sound approach – the Shapley Value decomposition – was applied to a rich data set of US internet stores. The use of store-level data instead of respondent-level data allowed us to reveal the factors, which are powerful in explaining, why some stores have higher rates of willingness to make repeat purchases than the others. By confronting the indirect importance and performance measures for three different internet stores, we have revealed strengths, weaknesses, attributes that the company should bring customers’ attention to and attributes improvement of which is not of a high priority.
The paper examines the structure, governance, and balance sheets of state-controlled banks in Russia, which accounted for over 55 percent of the total assets in the country's banking system in early 2012. The author offers a credible estimate of the size of the country's state banking sector by including banks that are indirectly owned by public organizations. Contrary to some predictions based on the theoretical literature on economic transition, he explains the relatively high profitability and efficiency of Russian state-controlled banks by pointing to their competitive position in such functions as acquisition and disposal of assets on behalf of the government. Also suggested in the paper is a different way of looking at market concentration in Russia (by consolidating the market shares of core state-controlled banks), which produces a picture of a more concentrated market than officially reported. Lastly, one of the author's interesting conclusions is that China provides a better benchmark than the formerly centrally planned economies of Central and Eastern Europe by which to assess the viability of state ownership of banks in Russia and to evaluate the country's banking sector.
The paper examines the principles for the supervision of financial conglomerates proposed by BCBS in the consultative document published in December 2011. Moreover, the article proposes a number of suggestions worked out by the authors within the HSE research team.